Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout

Description

Ethereum is back in focus after reclaiming the critical $2,444 resistance, following a sharp recovery from its breakdown below the $2,200 mark. The move has revived bullish sentiment, with many analysts calling for Ethereum to lead the long-anticipated altseason. The swift rebound caught traders off guard, reinforcing the view that the recent drop was nothing more than a fakeout. Related Reading: Ethereum Gears Up For Breakout Above $2,800 – Bullish Momentum Builds Top analyst M-log1 commented o...