<ul><li>Ethereum has reclaimed the $2,600 level as support for the first time since February and is aiming to retest the next key resistance after breaking out of a short-term pattern.</li><li>Analysts suggest that ETH's rally could target the Macro Range high area in the coming weeks, with targets set around the $3,800 level if current breakout confirms.</li><li>Ethereum is gaining momentum as it shows strength against Bitcoin, with analysts predicting a potential surge to the $4,000 resistance based on factors like Weekly MACD bullish cross and multi-year support trendline reclaim.</li><li>ETH's price action is drawing parallels to the early 2024 setup, indicating a possible upward trend, with Ethereum currently trading at $2,642, marking a 44.7% increase in the monthly timeframe.</li></ul>

Ethereum Repeating Early 2024’s Playbook – $3,800 Target In Sight?

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