#加密市场狂欢 As 2024 draws to a close, the cryptocurrency market resembles a grand feast, with major assets eagerly showcasing their potential for growth.

However, surprisingly, the traditional crypto giant Ethereum (ETH) seems to be somewhat 'underwhelming' in this celebration.

For years, Ethereum has been a cornerstone of the crypto market, but recently it appears to have hit a 'bottleneck,' with ETH's price continuously consolidating before the key resistance level of $28,000, seemingly unable to find the strength to break through.

This resistance level acts like an invisible wall, blocking Ethereum's upward progress. Despite insufficient market demand leading to a consolidation phase, this low volatility may indicate that a pullback is about to end.

If Ethereum can successfully break through this key resistance level, it could restart its upward trend in the coming weeks, helping to rejuvenate the market.

Conversely, if the price continues to be rejected from rising, it may retract to the key support area of $21,000, which is undoubtedly a critical moment for those who hold ETH long-term, necessitating close attention to market dynamics.