Golden Finance reports that ETH has gained 7.5% in the past week, showing momentum towards the $4,000 mark. A golden cross, bullish technical indicators, and the RSI (relative strength index) currently sitting at 63.6 suggest that ETH has the potential to continue rising higher. However, the market is still at a critical juncture where support and resistance levels will determine its direction. Whale activity is a key factor in Ethereum market dynamics, rebounding after a brief dip in early January. The number of wallets holding at least 1,000 ETH has climbed to 5,615, indicating renewed confidence among large investors. Analysts believe that if this trend continues, this accumulation may further promote price increases. Additionally, the RSI has recently retreated from overbought levels, reflecting neutral to bullish sentiment. While a move up to 70 could reignite upward momentum, a dip below 50 could signal weakening momentum. A golden cross formed by ETH earlier this month supports the bullish outlook, with resistance at $3,827 the next key target. A break above this level could pave the way for $4,000, but holding support at $3,543 will be crucial to avoid a decline.