#ETHBreaks3700 🧠 Why Did Ethereum Stop at $3,800?
Ethereum ($ETH) has lost momentum just as it reached $3,800, and this is not a coincidence. That zone is not only psychological but also a critical technical resistance.
📈 What’s at $3.8K?
📉 Descending trendline that comes from the all-time highs of 2021 (~$4,800).
Sell orders are accumulating, creating bearish pressure.
Many traders take advantage of this zone to take profits.
🔍 What does ETH need to break through?
Powerful catalysts, such as new entries into ETFs or improvements in the network.
Or high volume that validates a technical breakout.
For now, the market seems to be waiting for confirmation, not rejecting ETH. If it manages to overcome this zone strongly, $4,000 will be the next natural target.
✅ Conclusion
Ethereum is not falling: it is measuring strength.
The stop at $3.8K is not weakness; it is respect for the history of the chart.