<ul><li>The weekly close above $2,200 is a significant milestone for Ethereum, indicating a potential trend higher within the $2,200-$4,000 trading range.</li><li>Rekt Capital suggests that any short-term declines should be viewed as opportunities to strengthen $2,200 as a robust support level.</li><li>With Ethereum rallying nearly 50% since hitting $1,700, it may be on track for a 60% move towards the $3,900-$4,000 resistance zone, backed by historical recovery patterns.</li><li>The reclaim of the macro range signifies a bullish outlook for Ethereum, with the possibility of continued upward momentum towards the top of the range as long as $2,200 level is maintained.</li></ul>

Ethereum Reclaims Macro Range: Is a Move Toward $4,000 Next?

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