Ethereum surprised the market with a powerful bounce on Wednesday, surging more than 21% from its recent low of $1,380. The move came shortly after US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a 145% tariff. This development injected optimism into global markets, triggering a broad recovery across risk assets — with ETH among the top beneficiaries. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? Despite the relief rally, Ethereum still trades below critical technical levels, and the broader price structure suggests ongoing consolidation rather than a confirmed reversal
source: https://www.newsbtc.com/news/ethereum/ethereum-stays-below-realized-price-once-in-a-cycle-opportunity/