<ul><li>Ethereum is testing the $2,800 resistance level, with analysts suggesting a potential breakout towards $3,000 and beyond.</li><li>Market sentiment is shifting in favor of Ethereum, with technical indicators aligning for a possible expansion phase in the crypto market.</li><li>Analyst Ted Pillows believes that if Ethereum surpasses the $2,850 resistance, it could target $4,000, leading to a capital rotation from Bitcoin to altcoins.</li><li>Ethereum is showing strength on the weekly chart, currently trading above key moving averages, such as the 34-week EMA and 100-week SMA, with a potential upside target of $3,200–$3,600 and $4,000 if momentum accelerates.</li></ul>

Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out

Discover more