Ethereum (ETH) price recovered past the $4,100 region on Sept. 29 as buyers rallied to extend the recent rebound. Though the momentum remained fragile, a push higher could shift market dynamics. ETH bulls targeted the $4,200 price level to improve their chances of restarting a rally for the token. Moreover, the buildup of short liquidations above current levels suggested that any recovery might force traders to cover, amplifying upside pressure. Such a move would risk triggering a short squeeze. Analysts maintained their outlook on ETH, weighing whether the rebound could extend into stronger gains.