Ethereum Volatility Hits Multi-Month Low: Rally Next or Further Downside?
Summary
Ethereum is currently trading near $2,120, showing signs of extreme market compression as volatility hits multi-month lows. Technical indicators suggest the price is at a critical juncture: failing to hold the $1,950 demand zone could lead to a decline toward $1,750, while a successful reclaim of key levels could trigger a rally toward $2,382. With trading volume contracting, the market is bracing for a sharp directional expansion in the coming weeks.
(Source:BeInCrypto)