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Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback? Newsbtc 2日前

Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback? 📈

Ethereum Solana Bitcoin

Ethereum has been fluctuating between $2,650 and $2,750, leading to uncertainty among investors. Bulls struggle to surpass the $2,800 level, which is crucial for indicating a potential upward move.

Some analysts remain worried that failing to maintain levels above $2,600 could signal further declines, while others point to a long-term bullish structure forming. Technical analysis by Jelle highlights a multi-year ascending triangle, suggesting a breakout is possible.

The price is currently stuck in a tight range, and the market awaits a breakout or breakdown to establish a trend. Key resistance zones are at $2,800 and $3,000, which ETH must overcome to initiate a recovery rally.

If selling pressure continues, Ethereum risks falling to lower demand areas around $2,500. The next few days will be critical in determining whether Ethereum can reverse course and regain momentum or face a deeper correction.

出典: www.newsbtc.com ↗

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