According to Michaël van de Poppe, ETH is in an accumulation phase and a clean break above the $3,800-3,900 resistance band is needed to open momentum toward new all-time highs, source: Michaël van de Poppe on X, Nov 11, 2025. He notes ETH remains roughly 20-30% below the levels seen before October 10, indicating additional upside is required to reclaim prior price territory, source: Michaël van de Poppe on X, Nov 11, 2025. For trading strategy, his view implies the $3,800-3,900 zone is the key level to watch for breakout confirmation toward ATH targets, source: Michaël van de Poppe on X, Nov 11, 2025.