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$ETH has been rejected from its major resistance zone, which is around $3,900 to $4,000.
Weโve seen #ETH get rejected from this level three times before.
This time, it might breakout, but it could consolidate here for a few days. The nearest support is at $3,450.
Analysts are predicting that #Ethereum could see a correction, and $BTC dominance is also rising from its major support zone.
I feel like weโll get a few days of consolidation, then $ETH could break out of its resistance, and #Bitcoin dominance might drop below its support.
What's your opinion on this?