#AltcoinBreakout Ethereum (ETH) has broken above the key $3,500 resistance level, signaling a strong bullish momentum in the crypto market. This breakout reflects growing investor confidence, possibly fueled by anticipation around Ethereum ETF approvals, Layer 2 adoption, and increased DeFi activity. Technical indicators support the move, with rising volume and bullish RSI patterns confirming strength. Breaking $3,500 sets the stage for ETH to target higher resistance zones around $3,800 and $4,000. This move could also reignite altcoin rallies across the broader market. However, traders should watch for possible retests of the $3,500 level to confirm the breakout’s sustainability.