Ethereum Struggles Past $3,900 Resistance Amid Market Fatigue

Ethereum is facing resistance around the $3,800-$3,900 mark, indicating waning market sentiment and demand as whales accumulate amidst a cautious short-term outlook. The impact of this level on investor interest remains to be seen, particularly considering ongoing institutional support and whale activity. While some long-term investors remain confident, the community displays cautious observation as Ethereum struggles to break above the resistance.