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        "rendered": "Ethereum Tracks Bitcoin Rally: Why A Surge to $3,400 Could Be The Beginning"
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        "rendered": "<div id=\"ftwp-postcontent\">\n<p><span>Ethereum is beginning to mirror Bitcoin\u2019s bullish momentum, steadily climbing as market confidence strengthens. After weeks of consolidation, price action is now pressing against a key resistance zone, signaling that a breakout could be near. With <\/span><a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2048412029950820461?s=20\" target=\"_blank\" rel=\"nofollow\"><span>momentum<\/span><\/a><span> building and structure turning increasingly bullish, a move is now coming into focus.<\/span><\/p>\n<h2 id=\"ftoc-heading-1\">Breakout Brewing: Why ETH\u2019s Structure Signals Imminent Upside<\/h2>\n<p><span>Micha\u00ebl van de Poppe, in a recent market <\/span><a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2048412029950820461?s=20\" target=\"_blank\" rel=\"nofollow\"><span>update<\/span><\/a><span>, suggested that ETH is gearing up to follow Bitcoin\u2019s upward path. The analyst, who has outlined his levels in Euros, highlighted a steady and controlled grind higher, with ETH now closing in on a crucial <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum-price-eyes-2450-resistance-breakout\/\" target=\"_blank\"><span>breakout<\/span><\/a><span> level around \u20ac2,070 ($2,430).<\/span><\/p>\n<p><span>Price action has continued to test this resistance zone without a significant rejection. Such repeated attempts typically weaken a <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-targets-lower-range\/\" target=\"_blank\"><span>resistance<\/span><\/a><span> level over time, as sell orders get absorbed and buyers gain confidence. With each retest, the likelihood of a breakout increases, pointing to a potential shift into a stronger bullish phase.<\/span><\/p>\n<p><span>Beyond the immediate barrier, he identified \u20ac2,350 ($2,759) and \u20ac2,900 ($3,400) as the next key resistance zones to watch. These levels could act as interim checkpoints, but the overall trend suggests that momentum may not stall easily at the first hurdle.\u00a0<\/span><\/p>\n<figure id=\"attachment_893435\" aria-describedby=\"caption-attachment-893435\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Ethereum-chart-from-Michael-van-de-Poppe.jpg?w=512&#038;resize=512%2C343\" alt=\"Ethereum\" width=\"512\" height=\"343\"><figcaption id=\"caption-attachment-893435\">Source: <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2048412029950820461?s=20\" target=\"_blank\" rel=\"nofollow\">Chart from <span>Micha\u00ebl van de Poppe <\/span>on X<\/a><\/figcaption><\/figure>\n<p><span>A rejection around \u20ac2,350 would likely be considered a weak outcome, especially after nearly three months of consolidation below the current resistance band. Extended consolidation phases often lead to explosive moves, meaning a deeper push toward \u20ac2,900 (roughly $3,400) appears more consistent with the buildup seen on the charts.\u00a0<\/span><\/p>\n<p><span>Momentum across the broader altcoin <\/span><a href=\"https:\/\/www.newsbtc.com\/ethereum-news\/ethereum-profit-loss-indicator-is-hovering-just-below-neutral-the-market-waits-for-a-catalyst\/\" target=\"_blank\"><span>market<\/span><\/a><span> could further accelerate if Bitcoin continues its climb toward the $84,000\u2013$87,000 range. In that scenario, Ethereum could not only reach its projected euro-denominated targets but also set the stage for an even more aggressive upside phase.<\/span><\/p>\n<h2 id=\"ftoc-heading-2\">Ethereum \u201cMovin\u2019 On Up\u201d: Momentum Builds Across Timeframes<\/h2>\n<p><span>Donald Dean <\/span><a href=\"https:\/\/x.com\/donaldjdean\/status\/2048492235994599703?s=20\" target=\"_blank\" rel=\"nofollow\"><span>shared<\/span><\/a><span> a bullish outlook on Ethereum, noting that both the daily and weekly charts are aligning for a strong upward move. His analysis highlights improving structure across timeframes, suggesting that ETH may be entering a phase of sustained momentum.<\/span><\/p>\n<p><span>On the daily chart, price is showing a clean move off a key <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ethereum-net-taker-volume-turns-positive\/\" target=\"_blank\"><span>volume<\/span><\/a><span> shelf, with the next major pivot and target sitting around $2,970. This level could act as a launchpad for further upside if momentum continues to build. Based on Fibonacci projections, the 1.618 golden ratio points toward a significantly higher target near $6,941.<\/span><\/p>\n<p><span>From a weekly perspective, ETH is bouncing off strong support, with historical patterns indicating the potential for a 200% move, similar to previous cycles. The 1.618 extension on this timeframe comes in slightly higher at $7,332, placing both daily and weekly projections in close alignment around the $7,000 region, a confluence that strengthens the case for a major <\/span><a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-holds-bullish-2125\/\" target=\"_blank\"><span>upside<\/span><\/a><span> expansion.<\/span><\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/9RqfRFD4\/\" alt=\"Ethereum\" width=\"2084\" height=\"1636\"><figcaption>ETH trading at $2,319 on the 1D chart | Source: ETHUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/9RqfRFD4\/\" target=\"_blank\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image from iStock, chart from Tradingview.com<\/p>\n<\/p><\/div>",
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        "rendered": "<p>Ethereum is beginning to mirror Bitcoin\u2019s bullish momentum, steadily climbing as market confidence strengthens. After weeks of consolidation, price action [&hellip;]<\/p>",
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