Ethereum’s latest price action hints at a nascent recovery in its market structure. The pattern suggests renewed demand and could mark the start of a broader rebound after recent consolidation. As momentum builds, traders closely watch key support and resistance levels.
A shift in ETH’s trajectory could influence altcoins, which historically follow Ethereum’s lead during upswings. If the recovery broadens, altcoins may see improved liquidity and a renewed risk appetite across the market. However, macro headwinds and evolving regulatory considerations could cap gains.
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