Ethereum has finally started to grow following Bitcoin, but it is still far from new records 🚀. The price has broken through the $3,000 mark and the 200-day moving average, but is now rolling back. If the level holds, further growth is possible.

A falling wedge is forming on the 4-hour chart. An upward breakout could lead to $3,500, and a downward breakout could lead to a 10% drop to $2,700. Open interest in futures is high, which could cause volatility. 📊