Ethereum Struggles to Rebound: Analysts Warn of Weak Recovery Phase

Ethereum’s recovery after recent market declines remains weak, with analysts pointing to key resistance levels and a lack of sustained buying demand. While whales are showing renewed interest, the rally appears more corrective than a genuine reversal. Exchange reserves are declining, suggesting increased holding by investors for long-term investment. The current rebound needs to clear the $3,600-$3,700 zone with strong inflows and volume before it can signal a sustained trend.