$ETH has trapped both bulls and bears now.

It had a fakeout pump and dump, and is now back into the consolidation range.

But what's next for ETH?

Looking at the broader market, it seems like upside is much more likely to happen.

The US stock market is hitting new highs, and trade deals announcements are happening.

Both these things are bullish for risk-on assets and ETH will definitely benefit from it.