$ETH is consolidating around $3,450 after rejecting the $3,600 resistance zone twice this week.
Bullish case:
- ETH/BTC ratio is showing early signs of strength. If it holds, altcoins usually follow.
- Network fees are still low, and ETF inflows have been steady. That’s keeping buy pressure intact.
- A break above $3,600 with volume could open the path to $3,800-$4,000 fast.
Risks to watch:
- If BTC pulls back to $65k, ETH will likely retest $3,300 support.
- Low weekend liquidity means big wicks are likely. Don’t get liquidated on leverage.
I’m waiting for a clean break above $3,600 before entering. Chasing pumps here feels risky.
What’s your take on ETH this week? Bullish, bearish, or waiting on the sidelines?
#Ethereum #ETH #Crypto #Altcoins
Not financial advice. DYOR.