Ethereum, the world’s second-largest cryptocurrency, is holding strong as it trades around $3,500–$3,600 despite recent turbulence in the market. While Bitcoin steals the spotlight with its push toward $120K, $ETH has been quietly building momentum, defending its crucial support zones like a pro. Bulls are standing tall at the $3,422–$3,300 range, and every dip is getting scooped up fast 🛒💪.

The big technical level to watch is the 20-day simple moving average (~$3,652). A successful break and close above it could trigger a powerful move toward $3,940–$4,100, reigniting talks of ETH’s long-awaited run past the $4K barrier 🚀. On the flip side, if $ETH

fails to defend the $3,350 zone, bears could drag it down to $3,100—turning August’s optimism into a harsh reminder of crypto volatility 😬.

But Ethereum isn’t just about price charts. On-chain activity remains 🔥. DeFi protocols, NFT marketplaces, and L2 rollups continue to thrive on the Ethereum network. Gas fees, once a pain point, are far more stable thanks to scaling improvements, keeping traders and developers active. In fact, institutional buyers are quietly accumulating ETH, seeing it as more than a trade—it’s infrastructure for Web3 🌐🔗.

Recent reports also show companies adding tens of thousands of ETH to their treasuries, signaling confidence in Ethereum’s long-term value. This corporate demand could act as a shock absorber during pullbacks, making ETH less prone to sharp crashes compared to smaller altcoins.

Meanwhile, ETH’s correlation with Bitcoin has slightly weakened, suggesting that Ethereum might soon chart its own bullish path. Traders are increasingly eyeing $ETH as a hedge against BTC volatility. If Bitcoin stumbles below $112K, ETH could actually outperform by leaning on its strong ecosystem fundamentals.

#MarketPullback #REVABinanceTGE #StrategyBTCPurchase #AltcoinSeasonLoading #MetaplanetBTCPurchase