Ethereum has been demonstrating signs of recovery despite not achieving its previous peak levels. This is largely due to a cautious market sentiment that prevails in the current climate.
However, the rising confidence among investors is noticeable. This trend suggests that there might be an increase in optimism about the potential for a bullish rally in the near future.
Overall, the cautious optimism among investors could potentially lead to a gradual rise in Ethereum's market performance.
