ETH Onchain Data Suggests Potential Rally to $4,500 Amid Short-Term Bearish RSI Divergence

Key Points

1. Ether (ETH) has been trading just below the $4,000 resistance since December 2025, with the $4,500 level being a key target for bulls based on historical data.

2. A bearish RSI divergence indicates weakening buying pressure, suggesting a potential short-term correction if ETH fails to break above $4,000 convincingly.

3. A breakout above $4,000 could trigger liquidations totaling up to $930 million, potentially propelling ETH toward $4,500.

4. Immediate support for ETH is expected below $3,700, with a deeper pullback possibly testing the $3,200-$3,300 range.

5. Traders should monitor volume and RSI signals closely to gauge whether ETH will rally to $4,500 or face a short-term correction.