Ethereum (ETH), the most traded altcoin, is not meeting investors' high expectations, as its price continues to consolidate. This is despite Bitcoin's noticeable price increase of over 8% in the last few days, retesting its all-time high of above $73,000.
Ethereum's current price movement reflects a symmetrical triangular pattern, suggesting potential for a significant bullish trend. This technical pattern often precedes a breakout, indicating that ETH may soon experience a major price increase.