Emre Yumlu 
In the cryptocurrency market, Ethereum remains in the spotlight as it struggles to break through a critical resistance level. Despite testing this zone multiple times in recent days, the price has been consistently rejected. However, technical indicators suggest that a breakout could be on the horizon.
Key Resistance Under Watch
The resistance zone between $3,805 – $3,747 has become a focal point for traders. This area has acted as a strong barrier where price rejections occurred several times. If Ethereum manages to break through this level, a move toward the $3,800 – $3,900 range could follow in the short term.
Macro Data May Shape the Ethereum Trend
One of the most important events this week is the interest rate decision set to be announced on tuesday. If a rate cut is introduced—contrary to current market expectations—it could serve as a bullish catalyst for crypto assets. In such a scenario, Ethereum may gain momentum and aim for the $4,000 level.
Rising Market Expectations
As bullish sentiment builds across the market, a successful breakout by Ethereum could bring positive momentum to the broader altcoin space. Still, traders are advised to stay cautious ahead of macroeconomic decisions, as such events often cause sharp and sudden price swings.
This crucial period for Ethereum could also play a defining role in setting the tone for the overall direction of the crypto markets in the coming days.
This content is not financial advice. Markets carry high risks, and you should always conduct your own research before making investment decisions.
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