Ethereum ETH's major trend remains in a sideways consolidation between 2700-3500. Currently, what to watch out for is whether there will be a downward spike during the Spring Festival or in February-March. If a downward spike triggers liquidation of leverage, market panic could cause a drop to ultra-low levels of 1600-1300, after which the bull market will begin.
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Ethereum ETH's major trend remains in a sideways consolidation between 2700-3500. Currently, what to watch out for is whether there will be a downward spike during the Spring Festival or in February-March. If a downward spike triggers liquidation of leverage, market panic could cause a drop to ultra-low levels of 1600-1300, after which the bull market will begin.