Will Ethereum Break $4K Resistance or Plunge to $2.8K?

Ethereum is going for 2.8K because of the inverted H&S pattern and its showing weakness and it failed to break the resistance. However, it's in a long-term trend that won't be broken, at least not yet, but we will have to see. It may take weeks for Ethereum to reach there, in my opinion. Until then, we can enjoy scalping.

Note that the 4K resistance is the only resistance stopping Ethereum from reaching new highs, so it won't be easily broken, at least until we see good news from Trump. We might see 6K-7K Ethereum in 5-6 months, so that is my opinion.

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And what I expect afterward:
If Ethereum breaks and holds 6K, we can see new highs. If that happens, the following scenario is invalidated:
If bulls fail to hold 6K-7K, we might see a big W pattern, and Ethereum will then say goodbye to these prices after it's completed. So then 6K would be temporary and won’t last long if this scenario plays out, that also means the alt season and all that can be postponed until 2027.
Again, IT'S A POSSIBILITY.
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