Over the past four hours, the ETH/USDT trading pair has demonstrated notable fluctuations. Initially, Ethereum exhibited a strong bullish trend, with the price climbing due to increased trading volume and favorable market conditions. This upward momentum was driven by positive sentiment and renewed investor interest.
As ETH approached a key resistance level, the price began to stabilize. The pair entered a consolidation phase, characterized by price movements within a tight range. This consolidation reflects a temporary balance between buying and selling pressures, with market participants reassessing their strategies.
