What’s next for Ethereum?
Ethereum’s future trajectory will depend on its ability to break through the critical $4,000 resistance level. If it manages this, a rally toward $4,500 could be in the cards, supported by strong whale and retail participation.
Additionally, Ethereum’s growing utility is evident in its expanding DeFi ecosystem and NFT market dominance, where sales on Ethereum-based platforms saw a significant increase recently, despite some market fluctuations.
However, risks remain. A broader crypto market correction, particularly if Bitcoin falls below $94,000, could stall ETH’s momentum.