Top Analysts Are Turning Long-Term Bullish on Ethereum and Altcoins

Key Points

1. Ethereum is testing a long-term resistance level, with analyst Dan Gambardello predicting a surge toward $4,100, though a short-term dip of 10–16% is possible.

2. Ethereum's short-term risk model has declined from 57 to 45, historically leading to higher prices 64% of the time after three months.

3. The global crypto market cap stands at $3.76 trillion, with Ethereum (ETH) up 3.03% to $3,669 and Solana (SOL) jumping 4.64%.

4. Bitcoin (BTC) is priced at $114,697.54, showing a 0.18% increase, while other major cryptocurrencies like BNB and XRP also saw gains.

5. Market sentiment remains balanced, with analysts noting potential for a major move despite short-term consolidation.