The crypto market is finally showing relief after days in consolidation mode; Ethereum is leading the market with significant profit on lower timeframes.
The second crypto by market capitalization is reclaiming its position as a market leader. The last time ETH’s price displayed this price action was in September before “The Merge.”
At the time of writing, Ethereum trades at $1,460 with a 10% profit in the last 24 hours and seven days, respectively. In the crypto top 10 by market cap, other cryptocurrencies are following ETH and trading in the green for the first time in weeks.
ETH’s price is rallying on the 4-hour chart. Source: ETHUSDT Tradingview
Source : Ethereum Leads Crypto Rebound, ETH Price Heads For $1,500