Hey crypto enthusiasts! đ
Ethereum (ETH) has been consolidating between $2,300 and $2,400 for the past few days, while Bitcoin is showing more volatility. Although ETH has seen a slight 1% weekly decline, it remains above the 200-day EMA, which is a positive sign.
đ Key facts:
- ETH could be in the final phase of a bullish fractal, similar to patterns from 2021 and 2024.
- A possible 40% rally could take the price to $3,375.
- The ETH/BTC pair is showing a double bottom formation, indicating a possible bullish reversal.
What do you think? Do you think ETH will break out higher? Leave us your comment!
