Ethereum has officially broken through the $3,700 resistance, igniting a fresh wave of bullish momentum in the market. The breakout, which saw ETH surge over 4% in 24 hours, marks its highest level in nearly 6 months.
📈 What’s Driving the Rally?
Massive ETF inflows: BlackRock and other ETH spot ETFs recorded record inflows this week.
Whale activity: On-chain data shows wallets accumulating over 200K ETH, signaling strong institutional confidence.
Market sentiment: Traders are targeting the $3,800–$4,000 zone, with many expecting a broader altcoin rally to follow.
🔍 Key Level to Watch
The $3,700 level, once a strong resistance, is now the make-or-break support. If ETH can hold above it on the weekly close, we may see a push toward $4,
