Since the rebound from the bottom at 2486, it has risen to a peak of 2622, faced resistance and retreated, currently consolidating in the range of 2530-2580
Recently, the overall sentiment in the cryptocurrency market has clearly improved, with mainstream cryptocurrencies like Bitcoin steadily rising, creating a 'leading effect' that provides a good environment for Ethereum to rise in tandem.
It is worth noting that institutional funds have shown a continuous inflow trend, combined with the ongoing expansion of the Ethereum ecosystem—including the launch of new DeFi projects and the implementation of Layer 2 solutions—these fundamentals support the price performance from multiple dimensions.
From a technical perspective, the current fluctuation range can be seen as a continuation pattern in an uptrend. With the dual drivers of market sentiment and ecological development, the market is expected to continue its oscillating upward rhythm, and traders can pay attention to opportunities after breaking through the range.
Brothers who want to copy the homework first should take the initiative
Don't wait until others finish eating meat before you come with your bowl. Opportunities in the cryptocurrency circle are fleeting; seize this recovery trend and get on board quickly, don’t be a bystander!
