đ **Ether's Rollercoaster Ride: Will It Break Free or Stay Range-Bound?** đ
Ether (ETH) has been on a wild ride, trading 25% above its eight-month low of $2,112. Over the past week, it gained 13%, but analysts are split on its next move.
- **Uptrend Alert**: ETH hit $2,750 but faced resistance at $2,800.
- **Analyst Insight**: McKenna from Arete Capital predicts ETH will stay range-bound between $2,800-$2,900 for now.
- **Bearish Signals**: Independent trader John Morgan points to negative funding rates, hinting at potential bearish trends.
Will ETH break free or stay in this range? Drop your thoughts in the comments! đŹ
#Crypto #Ethereum #MarketTrends
