The cryptocurrency market may be showing signs of a potential reversal, with Ethereum's dominance stabilizing after a months-long decline. Historically, the fourth quarter has been a strong period for Ethereum, often marking a bottom against Bitcoin. Analysts suggest that Ethereum's strength over Bitcoin could set the stage for an altcoin surge in Q1. Ethereum's market dominance has recently stabilized around 12.82%, indicating a potential recovery. Key levels of support and resistance on Ethereum's dominance chart could influence its trajectory, with a break above resistance and increased trading volume signaling a bullish reversal. Optimism is supported by current trading data, with a majority of traders on major exchanges being bullish on Ethereum's price. The current price of Ethereum is $3,415.90, reflecting positive market sentiment.



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