<ul><li>Ethereum (ETH) is at a pivotal zone, with conflicting signals indicating a potential short-term correction or a rally akin to the 2020–2021 cycle.</li><li>The TD Sequential indicator has issued a sell signal on the 3-day chart, hinting at a possible brief pullback for Ethereum after a strong upward movement towards the $2,600 range.</li><li>On-chain data indicates a strong demand zone for Ethereum around $2,400, supported by heavy wallet activity between $2,354 and $2,431 held by 2.64 million addresses.</li><li>Some analysts suggest Ethereum is undergoing a V-shaped recovery similar to past cycles, hinting at the possibility of reaching new highs if historical patterns repeat.</li></ul>

Ethereum at a Crossroads: V-Shaped Recovery or Short-Term Pullback?

Discover more