In the fast-paced world of cryptocurrency, Ether, the second largest cryptocurrency, has experienced moderate volatility over the last two weeks, maintaining a price range above $3360. This stability has been influenced by a prolonged correction in Bitcoin, as well as the anticipation surrounding a possible spot ETH ETF, leading to a sense of uncertainty in the market and causing sideways movement in price.
Despite this temporary stagnation, the overall trend for Ethereum remains bullish, with on-chain data showing signs of growth that suggest the possibility of a bullish reversal on the horizon. This data indicates that there is still potential for significant upward movement in the price of Ether in the near future.
