$ETH Ethereum (ETH) is currently showing consolidation after a volatile few weeks, hinting at a potential breakout. If bullish momentum continues, ETH could push past resistance near $3,400 and test the $3,600–$3,800 range. Strong network fundamentals, such as rising staking and growing DeFi activity, support long-term gains. However, macroeconomic uncertainty and Bitcoin's dominance still influence ETH’s short-term moves. Traders are watching for confirmation of a breakout or breakdown. If ETH fails to hold above $3,200, a dip to $3,000 or lower is possible. Overall, Ethereum's next move hinges on broader market sentiment, upcoming upgrades, and institutional interest.
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