{"id":41421,"date":"2026-04-27T23:00:36","date_gmt":"2026-04-27T23:00:36","guid":{"rendered":"https:\/\/cryptd.in\/ethereum-tracks-bitcoin-rally-why-a-surge-to-3400-could-be-the-beginning\/"},"modified":"2026-04-27T23:00:36","modified_gmt":"2026-04-27T23:00:36","slug":"ethereum-tracks-bitcoin-rally-why-a-surge-to-3400-could-be-the-beginning","status":"publish","type":"post","link":"https:\/\/cryptd.in\/zh\/ethereum-tracks-bitcoin-rally-why-a-surge-to-3400-could-be-the-beginning\/","title":{"rendered":"Ethereum Tracks Bitcoin Rally: Why A Surge to $3,400 Could Be The Beginning"},"content":{"rendered":"<p>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 <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2048412029950820461?s=20\" target=\"_blank\" rel=\"noopener nofollow\">momentum<\/a> building and structure turning increasingly bullish, a move is now coming into focus.<\/p>\n<h2>Breakout Brewing: Why ETH\u2019s Structure Signals Imminent Upside<\/h2>\n<p>Micha\u00ebl van de Poppe, in a recent market <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2048412029950820461?s=20\" target=\"_blank\" rel=\"noopener nofollow\">update<\/a>, 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 <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum-price-eyes-2450-resistance-breakout\/\" target=\"_blank\" rel=\"noopener \">breakout<\/a> level around \u20ac2,070 ($2,430).<\/p>\n<p>Price action has continued to test this resistance zone without a significant rejection. Such repeated attempts typically weaken a <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-targets-lower-range\/\" target=\"_blank\" rel=\"noopener \">resistance<\/a> 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.<\/p>\n<p>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<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-893435\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Ethereum-chart-from-Michael-van-de-Poppe.jpg?w=512&amp;resize=512%2C343\" alt=\"Ethereum\" width=\"512\" height=\"343\" loading=\"lazy\" \/><\/p>\n<p>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<\/p>\n<p>Momentum across the broader altcoin <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\" rel=\"noopener \">market<\/a> 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.<\/p>\n<h2>Ethereum \u201cMovin\u2019 On Up\u201d: Momentum Builds Across Timeframes<\/h2>\n<p>Donald Dean <a href=\"https:\/\/x.com\/donaldjdean\/status\/2048492235994599703?s=20\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> 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.<\/p>\n<p>On the daily chart, price is showing a clean move off a key <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum-net-taker-volume-turns-positive\/\" target=\"_blank\" rel=\"noopener \">volume<\/a> 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.<\/p>\n<p>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 <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-holds-bullish-2125\/\" target=\"_blank\" rel=\"noopener \">upside<\/a> expansion.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/9RqfRFD4\/\" alt=\"Ethereum\" width=\"2084\" height=\"1636\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>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 momentum building and structure turning increasingly bullish, a move is now coming into focus. Breakout Brewing: Why ETH\u2019s Structure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum Tracks Bitcoin Rally: Why A Surge to $3,400 Could Be The Beginning - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/zh\/ethereum-tracks-bitcoin-rally-why-a-surge-to-3400-could-be-the-beginning\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Tracks Bitcoin Rally: Why A Surge to $3,400 Could Be The Beginning - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Ethereum is beginning to mirror Bitcoin\u2019s bullish momentum, steadily climbing as market confidence strengthens. 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