Consolidation Period:
Over the past two weeks, Ethereum (ETH) has been consolidating around the $3,800 mark, just below the significant resistance level of $4,000.
Anticipated Volatility:
This consolidation phase may soon give way to explosive volatility, with current market sentiment leaning bullish.
Resumption of Upward Trend:
The pause in price action is likely a precursor to Ethereum resuming its upward trend.
Key Support Level:
The bullish outlook will be solidified once the $4,000 level is converted into a key support. Buyers have consistently entered the market whenever Ethereum dips below $3,660, indicating strong support at this level.
Robust Demand:
The pattern of buying activity highlights robust underlying demand and...
