#ETHTrendWatch: Is Ethereum Entering Its Next Major Phase?
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is once again at the center of market attention. After a period of consolidation, ETH’s price action, on-chain data, and broader ecosystem developments suggest that the asset may be preparing for a new trend. Investors, traders, and developers alike are closely monitoring Ethereum to understand whether the next move will be a breakout or another phase of sideways movement.
From a technical perspective, Ethereum has been forming higher lows over recent weeks, in