$ETH Is Ethereum about to enter a 'consolidation period' like in 2022? Hidden secrets behind the bullish trend! đ
After recovering, Ethereum is trading at around $1,760, but still below the realized price of $2,002, meaning average holders are still at a loss. Nevertheless, recent market behavior suggests that this rebound might not be short-livedâlarge funds are quietly increasing their holdings, with inflow reaching the highest level since 2018. đ
Does this mean Ethereum is gearing up for a breakthrough above $2,000? Historically, whenever the price is below the realized price, the market goes through a period of consolidation until support is found. But this time is different; more and more silent investors seem to be laying the groundwork for subsequent gains. đ
Will the 'surrender' pattern of 2018 repeat itself, or will we enter a consolidation phase from 2022 to 2023? In the short term, $2,000 remains a strong resistance zone, but in the long run, ETH may usher in a new round of gains following a breakout! âĄď¸
