Ethereum has been consolidating sideways for the past 62 days, trapped in a narrow trading range. The crucial breakout indicator traders are watching: a daily close above $3,400. If Ethereum manages to decisively break through this resistance level, the next significant target comes into view—a potential rally toward $4,000. This price level represents a critical technical threshold that could trigger a notable surge if resistance is overcome.
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Ethereum has been consolidating sideways for the past 62 days, trapped in a narrow trading range. The crucial breakout indicator traders are watching: a daily close above $3,400. If Ethereum manages to decisively break through this resistance level, the next significant target comes into view—a potential rally toward $4,000. This price level represents a critical technical threshold that could trigger a notable surge if resistance is overcome.