The Ethereum (ETH) price has made a strong comeback, pushing past a major resistance zone to trade above $3,400. This price movement signals growing bullish momentum, driven by strong institutional buying, rising investor confidence, and Ethereum’s increasing dominance over Bitcoin. As ETH breaks out from key levels, many are now watching closely to see if it can reach the $3,800 to $4,000 range in the coming days.
Institutional Buying Pushes Ethereum Higher
One of the biggest reasons behind Ethereum’s current rally is a spike in institutional…