{"id":666072,"date":"2024-12-21T09:30:29","date_gmt":"2024-12-21T09:30:29","guid":{"rendered":"https:\/\/ktsl888.com\/?p=666072"},"modified":"2024-12-20T17:10:47","modified_gmt":"2024-12-20T17:10:47","slug":"ethereum-rejected-at-4000-resistance-again-what-lies-ahead-for-eth","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/ethereum-news\/ethereum-rejected-at-4000-resistance-again-what-lies-ahead-for-eth\/","title":{"rendered":"Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?"},"content":{"rendered":"
Due to yesterday\u2019s crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.<\/span><\/p>\n
While ETH has posted a respectable 47% year-to-date (YTD) gain, it has been outpaced by other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP, which have recorded significantly higher returns in the same period. Several factors appear to be holding back Ethereum\u2019s price momentum.<\/span><\/p>\n