Ethereum has been in a consolidation phase for nearly two months, but buying pressure is steadily increasing. This suggests a potential bullish divergence forming, similar to the pattern seen around May 24th.
If momentum continues to build, we could see a strong upward move in the near term. Keep an eye on key resistance levels and volume spikes for confirmation.
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Ethereum Market Price: Bullish Divergence in Play
Ethereum has been in a consolidation phase for nearly two months, but buying pressure is steadily increasing. This suggests a potential bullish divergence forming, similar to the pattern seen around May 24th.
If momentum continues to build, we could see a strong upward move in the near term. Keep an eye on key resistance levels and volume spikes for confirmation.
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