Ethereum Struggles to Gain Momentum as Altcoins Recover: Key Levels to Watch

According to their analysis, Ethereum is still forming lower highs, a bearish technical pattern that suggests no clear trend reversal is in sight. “Ethereum remains below critical red trend lines, and we have yet to observe a strong bullish movement,” MakroVision stated, underscoring the asset’s fragile technical position. Comparison to Bitcoin and Solana While Ethereum has bounced back from its $1,400 lows, its upward momentum remains significantly weaker compared to assets like Bitcoin (BTC) and Solana (SOL). MakroVision emphasized that Ethereum must break above recent lows to fuel a more meaningful rally source: https://coindoo.com/ethereum-struggles-to-gain-momentum-as-altcoins-recover-key-levels-to-watch/