#以太坊突破3700

BlockBeats news, on July 20, Ethereum (ETH) surged 4.35% in a single day, strongly breaking through the key resistance level of $3,700, setting a new annual high! According to data from multiple platforms including HTX and CoinGecko, ETH is currently priced at $3,704, with a 24-hour trading volume exceeding $13.5 billion, showing a capital inflow momentum comparable to the eve of the 2021 bull market!

Ethereum's challenge at the $3,700 resistance level has led to a general rise in altcoins, with Litecoin poised for a rebound and likely to hit a new high, FTT forming a double bottom pattern is about to break the $1.3 resistance level, XTZ's bottom volume has initiated a 400% upside potential, Dogecoin has broken through its previous high and is targeting $0.303, and UNI has stabilized at $9.8, starting a medium-term slow bull market. The current market is in a bottom-starting phase, with greater opportunities for low-position coins, and domestic public chains like CFX are also expected to see speculation.

Historical patterns show that after ETH breaks key levels, capital will rotate wildly into altcoins — Litecoin LTC is ready to go, the double bottom pattern is aiming for a historical new high, Dogecoin DOGE is targeting $0.303 after breaking through its previous high, and the bankrupt coin FTT has seen both volume and price rise; once it breaks $1.3, it will start a rocket-like rally.

After ETH breaks the level, the short squeeze amount exceeded $320 million in a single day according to Bybit data. If it holds above $3,700, the next target will shoot straight to $4,000; if it retraces to $3,500, it will become a life-or-death line for bulls and bears! Retail investors must keep a close eye on tonight's U.S. SEC decision on Ethereum ETF options; if passed, a nuclear-level positive impact will completely ignite the market.