Ethereum is now at the center of market attention as Bitcoin fails to confirm a breakout above its all-time highs. While BTC’s momentum stalls, altcoins are struggling to extend their strength, leaving Ethereum in a decisive position. Trading above $4,400, ETH is now less than 10% away from reaching new record highs.

Bulls remain confident in a continuation of the uptrend. Analysts argue that accumulation trends and strong on-chain activity point to further gains ahead. Exchange reserves continue to decline, while OTC desks show thinning liquidity, suggesting demand is outpacing available supply. This combination has historically preceded sharp upward moves.

However, risks are also growing as the market enters a new phase. With Bitcoin showing weakness near its highs, Ethereum’s abilit

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