$ETH

The price of Ethereum (ETH) has increased by nearly 9% over the past seven days, showing signs of strength; however, the price is still struggling around the $2,000 mark. Despite this upward move, key indicators suggest that the market still lacks critical momentum.

From trend strength to whale activity and support/resistance levels, several metrics indicate a market stuck in a state of consolidation. Whether Ethereum will break out of this situation or break down may depend on how it reacts to technical levels and changes in investor behavior in the coming days.