Ethereum is holding firm above critical support levels as bulls attempt to reclaim the $1,850 zone. Price action remains cautious, as global trade conflicts and deteriorating macroeconomic conditions continue to weigh on investor sentiment across all markets. The ongoing trade tensions between the US and China, combined with weak economic indicators, have created a challenging environment for risk assets like crypto.
However, despite these headwinds, Ethereum has shown signs of resilience. Some analysts interpret the recent surge in ETH price as a positive shift that could lead to sustained upward momentum if key resistance levels are breached.
Top analyst Daan recently shared insights on the ETH/BTC chart, highlighting that Ethereum had a good start last week, showing notable strength relative to Bitcoin. This move immediately
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