Ethereum trend synchronization reversal—bulls are gathering strength and ready to launch!
This week, Ethereum steadily climbed from around 2050 all the way up, with the highest touching the 2329 area. Although the overall trend is not as fierce as Bitcoin’s, the bottom keeps lifting, pullbacks have limited force, and bullish momentum continues to build. Today, affected by Bitcoin’s pullback, Ethereum fell back from the 2329 high to around 2190, and is currently consolidating and trading in a range around 2200.
On the weekly timeframe, Ethereum has closed bullish for two consecutive weeks. The