Author: Michael Johnson

Ethereum (ETH) price shows early signs of a potential bullish trend reversal. On-chain data suggests accumulation and weakening selling pressure. A break above $2,300 could trigger further upside momentum. Ethereum has slipped below the $2,200 mark, but the broader picture suggests something more interesting is unfolding beneath the surface. The recent dip reflects short-term weakness, although it does not fully capture the growing signals pointing toward a potential shift in trend. While the price action over the past week shows mild selling pressure, zooming out reveals that Ethereum is still holding onto gains built over the last month. This creates…