🔷Ethereum (ETH) is once again testing key resistance around $3,800, showing signs of weakening momentum. Analyst Michaël van de Poppe noted that the price has hit this zone four times without major correction. He predicts that if Bitcoin climbs above $120,000, ETH could reach $4,000, which might trigger double-digit gains across altcoins.
🔷Current price action is accompanied by a 37.95% increase in trading volume, reflecting heightened trader activity amid market volatility. On a pullback, the key support zone lies at $3,260, while a breakout above $3,820 could pave the way to $3,900 and beyond, neutralizing short-term bearish signals.