<ul><li>Ethereum is forming a rising wedge pattern and has shown a bullish turnaround supported by a Morning Star pattern at the 50-EMA.</li><li>ETH trades above the 50% Fibonacci level at $3,614, with immediate resistance at $4,009 and a higher target at $4,332.</li><li>A bullish MACD crossover in the 4-hour chart signals a potential trend shift, increasing the likelihood of a breakout rally.</li><li>Ethereum spot ETFs registered a daily net inflow of $67.36 million, driven by Fidelity's listing on CBOE with a net inflow of $73.72 million.</li></ul>

Ethereum Price Prediction (Dec 4th 2024)

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