Ethereum (ETH), the second-largest cryptocurrency after Bitcoin, has experienced significant gains lately, even as other digital assets retreat from the recent market rally. CoinaMarketCap's data shows that ETH is currently trading at $3,635, up 5% and 10% in the past day and week, respectively.
This trend, coinciding with Donald Trump's victory in the US presidential election, has highlighted a growing appetite for risk assets and Ethereum's potential to break key resistance levels. Amid the rise, the market is watching the next important price level of $4,000 with the current bullish technical indicators and strong fundamentals.