Ethereum is currently stuck around $2,500, with momentum stalled despite bullish expectations 🐻. A top crypto analyst warns that without a breakout signal, trading now could expose investors to downside risks 📉. Traders should remain cautious as price action lacks the strength for a big move 🔒.
The key breakout point for Ethereum remains $2,800, according to market expert Daan Crypto Trades 🔑. ETH is trading between $2,313 and $2,736, with attempts to break out failing 🛑. The current price of $2,527 is still trapped in this narrow range, with volatility and fakeouts expected ⚡.
Mister Crypto suggests Ethereum could be ending a four-year consolidation phase ⏳, potentially leading to a major bullish rally 📈. A breakout above $2,800 could signal the start of this explosive trend 🚀, but the exact magnitude remains uncertain 🤔.
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