According to @cryptoanalyst (Twitter source), Ethereum (ETH) is currently consolidating near a key resistance zone, with technical analysis suggesting that a breakout above this level could drive ETH towards the $3,500 mark. The analyst highlights a renewed conviction in the altcoin market, indicating that altcoins may begin to outperform Bitcoin in the near term. Traders are advised to monitor ETH's resistance levels closely, as a successful breakout could trigger wider momentum across altcoin markets. This trend is supported by recent trading volume increases and positive sentiment shifts, as cited by @cryptoanalyst.