As of my last knowledge update in June 2024, Ethereum (ETH) breaking **$3,600** would be a significant milestone, indicating strong bullish momentum. Here’s what this could mean:

### **Possible Reasons for the Surge:**
1. **ETF Approval Hopes** – Speculation around a spot Ethereum ETF approval in the U.S. could be driving demand.
2. **Institutional Interest** – Increased inflows into ETH-based investment products.
3. **DeFi & Staking Growth** – Rising Total Value Locked (TVL) in Ethereum-based protocols and growing ETH staking activity.
4. **Macro Factors** – A weaker U.S. dollar or Bitcoin (BTC) rally spilling over into ETH.
5. **Upcoming Upgrades** – Anticipation around future Ethereum improvements (e.g., "Pectra" upgrade).

### **What’s Next?**
- If ETH holds above **$3,600**, the next key resistance levels could be **$4,000** and the all-time high near **$4,900**.
- A rejection here might lead to a pullback toward #ETH Breaks $3600# #Trump Pressures Powell# #Altcoin Season Update#