Ethereum Eyes $3,400 Breakout ($ETH)
Ethereum is gearing up to challenge the key $3,400 resistance zone as buying pressure builds đđ„. On-chain data shows growing network activity alongside increased capital inflows into $ETH. Traders are watching closely for a breakout, which could signal renewed bullish momentum. Several catalystsâincluding rising Layer-2 adoption, staking demand, and integration of real-world assetsâare strengthening Ethereumâs fundamentals. If bulls can secure a clean breakout above $3,400, analysts expect the next leg upward to accelerate rapidly. However, failure to surpass resistance may result in temporary consolidation before the next major move unfolds âïž.
