The altcoin market has seen significant growth this month, with several coins experiencing double-digit returns. There is now anticipation for an altcoin season, and many believe that Ethereum's surge could solidify this rally. However, Ethereum has been lagging behind other major assets and has failed to secure expected gains. It has found support at $3,000 but is poised to trade on the downside. Ethereum's strong support is seen at $3,000, and if the price stays above this level, buying interest is expected to increase, potentially leading to new highs. On the other hand, if Ethereum faces resistance and fails to hold the $2,900 range, a downside correction is likely with a possible target of $2,847. The current market sentiment for Ethereum is neutral, with the daily RSI settled at 49.52.



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