Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – Here’s Why

AI Briefing

• – Ethereum's price jump is being met with caution from analysts, who warn that the start of a new bull run may not be imminent. Ethereum is currently near a macro trend resistance level and has not broken out of its downtrend, suggesting that the price may still be in a retest phase. Analysts are advising investors to wait for a clean break and hold above $2,500 before considering a new macro bull rally.