Ethereum Price Approaches Key CME Gap, Setting Up Potential Rally

Ethereum’s price is edging closer to a significant technical level as it approaches a key Chicago Mercantile Exchange (CME) gap on the weekly chart. This gap, ranging from $4,092 to $4,261, has become a focal point for traders who anticipate further price increases and expect the gap to be filled. Ethereum’s historical performance suggests this gap might prove pivotal in driving future market trends.