<ul><li>Ethereum may be on the verge of a bullish turnaround, according to trader Peter Brandt, who identified an inverted Head and Shoulders formation on its daily chart.</li><li>Data from IntoTheBlock shows Ethereum's network strength, with over 5 million active addresses across its mainnet and Layer 2 networks.</li><li>While some investors see Ethereum's long-term future improving, others are cautious due to short-term hazards.</li><li>Ethereum's present pricing behavior near the Point of Control (POC) indicates a potential buying opportunity for long-term investors, but a break below this level could signal trouble.</li></ul>

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

Discover more