Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume

- ETH tests resistance near $3,800 with potential 12.8% pullback to $3,260 liquidity zone.
- BTC above $120K could push ETH to $4,000, triggering altcoin double-digit gains.
- Trading volume rises 37.95% amid volatile swings; market cap steady at $455 billion.
Ethereum (ETH) has tested resistance four times without a big correction as noted by analyst Michaël van de Poppe. He predicted that if Bitcoin rises above $120,000, Ethereum could reach $4,000, possibly leading to double-digit returns across altcoins. As of press time, the asset is trading near $3,741, pushing against a strong supply zone between $3,780 and $3,820 that has repeatedly capped price advances.
The three-hour Binance chart shows Ethereum struggling within this resistance band, where a possible rally with a 12.8% drawdown toward $3,260 is flagged, corresponding t…
The post Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume appeared first on Coin Edition.
Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume

- ETH tests resistance near $3,800 with potential 12.8% pullback to $3,260 liquidity zone.
- BTC above $120K could push ETH to $4,000, triggering altcoin double-digit gains.
- Trading volume rises 37.95% amid volatile swings; market cap steady at $455 billion.
Ethereum (ETH) has tested resistance four times without a big correction as noted by analyst Michaël van de Poppe. He predicted that if Bitcoin rises above $120,000, Ethereum could reach $4,000, possibly leading to double-digit returns across altcoins. As of press time, the asset is trading near $3,741, pushing against a strong supply zone between $3,780 and $3,820 that has repeatedly capped price advances.
The three-hour Binance chart shows Ethereum struggling within this resistance band, where a possible rally with a 12.8% drawdown toward $3,260 is flagged, corresponding t…
The post Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume appeared first on Coin Edition.