Ethereum’s Recovery Stalls: Traders Eye Key Resistance Levels

While many altcoins have seen a strong rebound in recent weeks, Ethereum remains relatively weak compared to Bitcoin (BTC) and Solana (SOL). Analysis by MakroVision suggests that Ethereum needs to break above its recent lows to ignite a meaningful rally. Their technical analysis indicates that Ethereum’s price action is still characterized by lower highs, hinting at a lack of clear trend reversal signals.