In the last 24 hours, Ethereum has come a long way, first defending support at $3,800 and then breaking through the critical supply zone marked in red. At the time of writing, the second-largest Cryptocurrency is trading around $4,160, with bulls aiming for a record high of $4,400 set in May. The RSI confirms ETH's growing bullish grip, and as it approaches overbought territory, more buy orders are expected.