#ETHBreaks3700 Ethereum Just Smashed Through $3,700!
Ethereum (ETH) has officially broken above the critical $3,700 resistance level, signaling renewed bullish momentum in the crypto market. After weeks of consolidation, this breakout could be the catalyst traders have been waiting for.
📈 Why It Matters:
$3,700 has acted as a key resistance zone since early June.
Breaking above it suggests strength in buyer conviction.
Technical indicators like RSI and MACD are showing bullish divergence.
Volume has spiked, supporting the move.
🧠 What’s Next?
If ETH holds above $3,700, the next key resistance lies near $3,880–$3,950, with $4,000 as the psychological barrier.
A successful retest of $3,700 as support would confirm the breakout.
Keep an eye on Bitcoin dominance and ETH/BTC ratio—they often signal broader shifts in capital flow.