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#ETH Breaks $3600#
Ethereum Breaks the $3600 Resistance – What’s Happening?
Ethereum has finally broken the critical $3600 resistance it has been testing for weeks with strong volume. The question that investors are curious about is: Is this breakout the beginning of a new altcoin season?
Current Price & Market Overview
• ETH/USDT Price: ~$3,618
• 24h Volume: +%14 increase
• Market Cap: $435 billion
• Dominance: %17.9
• BTC/ETH Ratio: 17.45 ( resolving in favor of altcoin )
Why is this break important?
• Psychological Threshold: The $3600 level has been acting as resistance for the last 6 months.
• Technical Contraction: Symmetrical triangle formation broke upwards
• ETH ETF Excitement: The approval process for Spot Ethereum ETFs is being priced into the market.
• Institutional Demand: there is an increase in entries to staking solutions
🟢 Positive Scenario:
• If it breaks above ETH 3,720 → a target of $4,000 comes to the table in the short term.
• The resolution of the BTC/ETH ratio may trigger a general revival in the altcoin market.
• L2 projects (ARB, OP, STRK) may enter a chain rise
🔴 Negative Scenario:
• Profit-taking from $3,650 could pull the price back to the $3,400 range.
• The sudden pullback in BTC could also drag ETH down.
• If there is a delay in ETF expectations, the market may take a breather.
🧭 Note to the Investor
Ethereum is displaying a rise focused not only on price but also on technology & ecosystem. In this period where corporate adoption is accelerating, it should not be forgotten that Ethereum is not only the "altcoin leader" but also the infrastructure for tokenization.
does not constitute investment advice.