ETH’s four-hour trading volume surges 42%; bulls build momentum for a push to 2735!

$ETH , folks, keep your eyes on the charts! The four-hour chart has just printed a small bullish candle, closing at 2726, up 0.38%. It may not look like much, but the volume tells a different story—the trading volume in the most recent two hours was up 42% compared with the preceding two hours! That’s not the kind of activity retail traders can generate on their own.

The 15-minute candles make it even clearer: the highs of the last four candles have pulled back from 2731 to around 2728, but the lows have held firmly above 2720. Every dip has been aggressively bought. 2735 is the nearest resistance, while 2715 is the key line in the sand. As long as it holds, the bullish trend remains intact. 2690 is the floor below—only a break beneath it would mean giving up.

The news is also lending support: Ethereum outperformed Bitcoin in Q3. Although liquidity has thinned, investor interest hasn’t faded. More importantly, the amount of ETH waiting to be staked has fallen by more than a quarter since early September, while the exit queue has reached its longest length since 2026. What does that tell us? More people are locking up their ETH, while others are still lining up to get in. Tokens are changing hands—it’s not a crash.

My view is straightforward: with volume supporting the price action, ETH looks bullish in the short term, with 2735 as the first target. As long as 2690 holds, any pullback is an opportunity. Don’t wait until it takes off to kick yourself!

(Not investment advice. You are responsible for your own gains and losses.)