Ethereum (ETH) is approaching the crucial 100-day Simple Moving Average (SMA), a key battleground for bulls and bears.Breaking above the 100-day SMA could reignite bullish sentiment and pave the way for higher price targets.However, if Ethereum fails to break out, it may face renewed selling pressure and decline to the $1,523 support zone.A successful breakout would confirm renewed upward momentum and attract more investors to capitalize on the uptrend.