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.
