## Ethereum's Critical Resistance at 4700: Technical Analysis Reveals Market Vulnerability
**Current Market Snapshot**: ETH is trading at $2.92K with a 24-hour decline of -0.71% and trading volume at $468.50M. The recent price movement near the 4700 level has become a significant technical battleground that traders need to monitor closely.
### Key Support and Resistance Zones Under Scrutiny
The 3680-3730 range represents a critical support area where major market participants have concentrated their positions. A breakdown through this zone would likely trigger aggressive protective buying atte
**Current Market Snapshot**: ETH is trading at $2.92K with a 24-hour decline of -0.71% and trading volume at $468.50M. The recent price movement near the 4700 level has become a significant technical battleground that traders need to monitor closely.
### Key Support and Resistance Zones Under Scrutiny
The 3680-3730 range represents a critical support area where major market participants have concentrated their positions. A breakdown through this zone would likely trigger aggressive protective buying atte
ETH0,32%