$ETH
Yesterday, it retraced from a peak of 3497 to 3100, closing today at 3472. The price fluctuation is not significant, but the market has basically been cleaned up. Bitcoin is now in a consolidation phase, and Ethereum still has rebound demand; the upper range around 3600 should see some action. There’s always a feeling that this round of negative sentiment has not changed the price of Bitcoin much, and Ethereum has basically been cleaned up. This round of Ethereum has seen an increase of 72% since November 11th, and yesterday’s lowest point was just a 59% increase. Now that the wash-out is over, the upward movement should be smoother.
