Ethereum’s Rally: Temporary Surge or a Bull Trap?
Ethereum’s recent spike has everyone talking, but is this the start of a breakout or just a setup for a pullback?
While many believe the bottom is in and $ETH is ready to soar, the broader picture suggests caution. Declining trading volume on the weekly chart signals that big players might be cashing out rather than accumulating. Without a proper consolidation phase—2-3 months of sideways movement and corrections—this rally may not hold.
Even if $ETH pushes past $2,100, it could just be a final squeeze before a cooldown. My ideal buy zone? Between $1,800 and $1,600, with gradual accumulation around $1,950. Right now, chasing highs seems risky—patience and smart positioning will pay off.
Stay patient. Stay smart.
