Ethereum (ETH) faces resistance near $4,000, with cautious traders awaiting a decisive bullish breakout.Analyst Ali Martinez identifies $3,700-$3,810 as key support after 4.6 million ETH were acquired.Ethereum's active addresses rose by 4.24%, signaling growing investor confidence in potential price gains.Blockchain analytics firm Santiment observed a notable uptick in Ether network activity, with wallet creation reaching an eight-month high.