Crypto Watch: Ethereum Eyes Breakout
• Current pulse: ETH has dipped ~4% this week, trading near $4,322 as ETF withdrawals and seasonal softness weigh in. BTC remains steady at ~~$111K**, though faces resistance around $114–115K. The Economic TimesCoinDCX
• Critical levels: ETH must break $4,550 resistance to climb toward $5K—a move encouraged by ETF inflows and technical signals. BTC, on the other hand, eyes $120K–$128K if it clears the 115K hurdle. The Economic TimesCoinDCXThe AustralianThe Economic TimesTrading News
• Market dynamics: Ethereum’s altcoin dominance is rising (now ~14.2%), while ETF-backed institutional interest is tightening ETH supply. Hidden bullish RSI divergence strengthens the case for a rally. BinanceThe Economic TimesBeInCrypto
Bottom line: Watch ETH at $4,550–$5K—a breakout could signal a major altcoin rally. Meanwhile, BTC’s path to $120K+ hinges on market catalysts and macro tailwinds.
What do you think? Will ETH decouple and surge, or will BTC dominate?
