Ethereum's price experienced an upward movement since hitting a low on December 20th. However, this increase appears to be a corrective movement rather than a definitive upward surge, as there's insufficient evidence to confirm an impulsive trend for a stronger increase. As the market progresses, analysts suggest two potential scenarios for its upcoming price direction.
These scenarios are crucial in determining whether Ethereum will maintain its current trajectory or shift towards a more robust upward trend. Further developments in the market are necessary to ascertain Ethereum's path, with investor attention focused on January 7th for significant changes.
