Ethereum, often referred to as the altcoin king, has encountered challenges in its recent price action. The cryptocurrency struggles to breach the critical resistance level of $3,721. This struggle occurs amid high volatility in the market, with traders remaining on edge regarding potential price movements. Market sentiment around Ethereum reflects broader trends in the crypto landscape, where many investors look for signals to determine their next moves. As Ethereum navigates this critical point, keeping an eye on market news and pivotal technical levels becomes essential for traders. Will Ethereum eventually overcome this resistance, or will it further retrace?