$ETH Technical Analysis

Ethereum is trading near $3,700, maintaining a strong uptrend after breaking above key resistance at $3,600. The price structure shows bullish momentum, supported by rising volume and a solid RSI above 60. If ETH holds this level, the next target lies near $3,850, followed by the psychological barrier at $4,000. A pullback toward $3,600 may offer a buying opportunity if the trendline support holds. On-chain metrics indicate increased whale accumulation and rising DeFi activity, which adds to the bullish sentiment.

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