#ETHBreaks3700 **ETH Breaks $3,700 as Rally Continues**

Ethereum (ETH) surged past $3,700, extending its bullish momentum amid growing market optimism. The second-largest cryptocurrency by market cap has gained over 20% in the past week, fueled by strong institutional interest and positive developments in the decentralized finance (DeFi) sector.

Analysts attribute the rally to increasing Ethereum network activity, including rising NFT sales and layer-2 adoption. The upcoming Ethereum 2.0 upgrades also bolster confidence in its long-term growth.

Bitcoin’s rebound above $60,000 has further lifted altcoins, with ETH leading the charge. Traders now eye the $4,000 resistance level as the next target. However, some caution that profit-taking could trigger short-term pullbacks.