Ethereum eyes $4,100 as it tests long-term resistance in bullish market setup. Altcoin market shows breakout signs, but ETH may dip 10–16% before surging. Fear and Greed Index at 55 shows neutral sentiment as market nears key breakout. The altcoin market is showing strong signs of a potential breakout, and according to new analysis, the entire trend is being driven by Ethereum’s position on its long-term charts. As ETH closes in on a major “make-or-break” resistance level, traders are watching closely for what could be the start of a new altcoin season. Ethereum at a Critical Crossroads According to an analysis by Dan Gambardello, Ethereum is currently testing a long-term resistance trendline that dates all the way back to the previous bull market peak. He notes that ETH is in a classic “busted pattern,” having recovered back above a previous breakdown point to now challenge the final trendline. If Ethereum can break above this level, it could confirm a major reversal and kick off a surge toward the $4,100 mark. ALTCOINS Locked & Loaded! ETHEREUM POWER MOVE Builds (A WARNING) Intro 00:00 Altcoin setup this month 1:30 Altcoin bull move 2:40 ET… The post Top Analysts Are Turning Long-Term Bullish on Ethereum and Altcoins appeared first on Coin Edition .
