Ethereum’s Recovery Under Scrutiny: Is a Bullish Surge Brewing?

Ethereum (ETH) is currently trading around $3,585 following an initial volatile week in November, according to CoinMarketCap. Market analysts are closely watching the price as it seeks to reclaim the $3,600-$3,700 resistance level. This move could signal a potential shift toward bullish momentum after weeks of consolidation near local lows. 24-hour trading volume has surged over 8% to $27.9 billion, reflecting increased market activity.