After rising above $3,800 in July, Ethereum price is consolidating just below a key supply zone that previously triggered steep rejections. The Ethereum price today is holding steady around $3,692, with buyers attempting to re-establish short-term dominance near a local demand zone. The key question now is whether bulls can sustain this strength and retest the $4,000 mark.
On the daily chart, ETH continues to respect its aggressive uptrend, which started from the April low near $1,800. Price remains supported above a rising trendline that intersects around $3,400, …
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