In this week's crypto market analysis, Ethereum (ETH) shows promising signs of a bullish trend, despite a modest 1.5% price increase. The resistance at $4,000 is expected to break, potentially leading to new highs in 2024. Meanwhile, Ripple (XRP) and Cardano (ADA) are struggling with weak buy momentum and key resistance levels.

Shiba Inu (SHIB), however, has outperformed with an 8% increase, demonstrating the strength of meme coins in the current market. The price has moved above $0.000025, which could potentially break $0.00003 in June if the momentum continues.

Polkadot (DOT) is currently in a local downtrend, with a key resistance level at $7.6. However, the market remains optimistic, as buyers have consistently returned at key support levels to halt the downtrend. The overall market sentiment remains positive, with potential for significant gains in the near future.