Ethereum has been fighting below USD 2800 for many days, unable to recover it as support in the start of the recovery rally. This key level remains a significant barrier to bulls, and because the price still consolidates below, bears are growing. Many analysts call for a continuation of the inheritance, reflecting the optimal mood on the market. Investors who once believed that Ethereum would gather with Bitcoin this year now show signs of doubts.

However, not everyone is bears. Some investors remain optimists, indicating the signs that Ethereum can prepare for the recovery phase. Cryptographic analyst Ali Martinez recently shared technical analysis, revealing that the TD sequential indicator flashed the buy signal on the weekly Ethereum chart. This scarce event historically indicated a significant reversal of the trend at the beginning. Martinez points out that each time this indicator is activated during the weekly time frame, Ethereum often follows a forceful rush up, signaling the potential stubborn phase.

When Ethereum rises below the resistance of USD 2800, traders and investors watch carefully. If the story repeats itself and the TD sequential signal turns out to be exact, Ethereum may surprise the market with an aggressive transition to higher price levels.

Ethereum is preparing for the recovery phase

Ethereum tests critical liquidity below USD 3000, which is a significant psychological price, which according to analysts will determine the efficiency of Ethereum in the coming weeks. This level became the battles between bulls and bears, and the sentiments on the market remained highly divided.

Retail investors, losing confidence in the potential of miniature -term recovery, are still selling, contributing to inheritance pressure at the price. Meanwhile, larger players seem to exploit immersion, accumulating Ethereum at an accelerated pace, signaling trust in long -term assets.

Martinez has recently made available Technical analysis on xemphasizing a significant historical pattern on the weekly Ethereum table. Martinez noticed that each time the TD sequential indicator flashed the buy signal near the lower limit of the long -term growing channel Ethereum, prices have been historically increased with strength. This indicator, commonly used by traders to detect the reverse of trends, suggests that Ethereum can approach the key moment.

According to Martinez, a similar configuration is now developing when Ethereum consolidates just below the levels of key resistance. If the sequential TD signal takes place as in the past, Ethereum can prepare for a powerful recovery rally. Recovering the level of 3000 USD and maintaining it as support would mean the first step towards reversing the bear and initiating long -term growth. The coming weeks will be of key importance for Ethereum, because investors consider signs of a breakthrough or further decline.

ETH consolidates before great movement

Ethereum (ETH) is USD 2690 after market trade days and indecision. This period of stagnation meant that investors speculate about the miniature -term direction of ETH, because the sentiment remains divided between stubborn recovery and further inheritance potential. Lack of momentum above key levels of resistance contributed to uncertainty, with both bulls and bears fought for decisive control.

To initiate a recovery ethereum, bulls must recover USD 2800 as support. This critical level has acted as a key barrier in recent weeks, and the break above would pave the way to pressure in the direction of $ 3,000. Successful traffic above USD 3000, the level of psychological and technical resistance, would confirm the reversal of the inheritance and established a stubborn rush on the market.

However, the risk of further decline remains if ETH does not regain USD 2800. The outflow can transfer the price to lower demand zones of around USD 2,500, where you can find stronger support. The next trade sessions will be of key importance, because the Ethereum price campaign will probably dictate market moods and affect its miniature -term trajectory. Investors carefully observe the decisive breakthrough or further consolidation, because the market remains uncertain.

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