Crypto Daily – (ETH) is holding steady around the $4,000 mark as buyers struggle to build momentum and push beyond resistance levels.
Despite recent struggles and a significant pullback earlier in the week, some analysts have predicted ETH could surge to $5,000 due to growing institutional demand.
Ethereum (ETH) Price Action (WA:): A Recap
Ethereum (ETH) has struggled to move beyond $4,000 as it faces considerable resistance, with buyers pegged back by selling activity at upper levels. ETH has been bullish since the US elections, with demand increasing substantially as markets surged following Donald Trump’s victory. ETH’s bull run peaked last week, reaching an intraday high of $4,093 before settling at $4,003, a level not seen since March 2024. However, sentiment waned over the weekend as the price registered a marginal drop on Saturday and fell to $3,999….
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