Ethereum showed a positive trend at the beginning of the weekend, hinting at a bullish trajectory. However, the weak momentum observed suggests that there is a lack of strong investor interest. This low enthusiasm in the market could possibly constrain Ethereum’s growth potential in the near term.
Despite its initial positive movement, the underlying weakness highlights a cautious outlook among traders and investors. This sentiment reflects the uncertainties surrounding Ethereum as it seeks to gain traction in the cryptocurrency market.