Ethereum looks relatively strong, but it needs to break through an important resistance zone.
At the moment, momentum is more evident in altcoins than in Bitcoin. Therefore, it is reasonable to expect the market to outperform, with Ethereum likely to be the main driver.
If resistance is broken, this could open the door to a more active growth phase.
Trading Plan
ETH strength scenario:
Condition — a decisive breakout and consolidation above key resistance.
Confirmation — rising volume and holding above the level.
Expectation — increased relative strength in altcoins.
Invalidation — rejection at resistance and a return to weakness.
Alternative scenario: if the level is not broken, ETH may remain range-bound or return to test support.
Risks: a broader market correction, dependence on Bitcoin, and potential news events. There is also a risk of a false breakout.
For now, attention is focused on Ethereum’s behavior relative to resistance. Its reaction at this level will determine whether it can confirm its role as a driver for altcoins.
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