Ethereum (ETH) hasn't been able to exceed the $4,100 level, a milestone it last achieved in March 2024. Since then, although there have been occasional uplifts, ETH repeatedly faces resistance and fails to sustain above this crucial threshold.
In contrast, Bitcoin (BTC) continues to climb to new records, highlighting a challenging landscape for Ethereum traders who are keenly observing its performance and contemplating its breakout possibilities.
The current price scenario places Ethereum in a precarious spot, raising questions about the factors limiting its growth despite favorable conditions in the broader crypto market.
