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Ethereum (ETH) Eyes Higher Prices as $3,700 Support Zone Remains Strong

  • 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.

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