Ethereum price tests $3,450 resistance as whale James Wynn exits long positions

Ethereum has gained over 12.73% since the start of the year and was trading near $3,333 while testing the $3,450 resistance level. Despite whale trader James Wynn closing his ETH and PEPE longs and withdrawing funds from Hyperliquid, on-chain metrics like rising Taker Buy Dominance and a strong MACD still point to sustained buying interest. Technical indicators, including an RSI around 63.19, suggest the uptrend could continue if ETH holds the $3,200–$3,400 range, with a possible move toward $4,000 if $3,450 is broken.