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Ethereum Eyes $3,900 – Key Resistance Break Could Spark A Surge
Ethereum has surged to $3,688, marking its highest level since June and fueling anticipation for further gains. Crypto analyst Carl Runefelt highlights a critical resistance level that, if breached, could propel ETH to $3,900 and possibly above $4,000, reaffirming its bullish momentum. Currently trading at $3,600, Ethereum is at a pivotal point; maintaining this level could lead to further surges, while a drop might trigger corrections to $3,400 or lower. As the broader altcoin market gains strength, Ethereum's next moves will play a key role in shaping overall market sentiment.