<ul><li>Ethereum has rebounded and is trading at its highest levels since July, holding above the crucial 200-day moving average.</li><li>Top analyst Carl Runefelt predicts a substantial rally for Ethereum once it breaks above key resistance levels.</li><li>Ethereum's on-chain activity and institutional interest support its upward trajectory.</li><li>Breaking through $3,500 resistance could pave the way for Ethereum to reach $3,700 and potentially trigger altcoin season.</li></ul>

Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance

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