ETH Surges 7% To Crack $3,400: When Will The $4,000 Mark Fall?
Posted On July 17, 2025
Ethereum (CRYPTO: ETH) has rallied 24% over the past week, fueled by growing ETF inflows, regulatory clarity, and renewed institutional interest. With ETH approaching a key resistance level, traders are eyeing a breakout to $4,000.
What Happened: Analyst Benjamin Cowen noted that ETH may have bottomed for this cycle against Bitcoin (CRYPTO: BTC) , now aligning with its long-term logarithmic regression trendline.
While this may signal the start of a sustained uptrend for ETH, Cowen continues to caution against broad exposure to altcoins.
He draws parallels to previous market cycles, particularly 2017 and 2019, when altcoins …
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