Ethereum price predicted to hit $4000 again

could explain why U.S. investors have grown less bullish on the asset in March.highlighted that long-term ETH holders were not selling their tokens. Technical analysis also outlined a bullish outlook.The 1-day chart of Ethereum formed a swing low at $3056 on the 20th of March. Despite the deep retracement, the market structure remained bullish on the daily timeframe.This indicated that bearish momentum briefly held sway, but the bulls were fighting for control once again.

ETH could decide to collect this liquidity and reverse, or breakout, depending on sentiment around both Ethereum andDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

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