<ul data-eligibleForWebStory="false"><li>Ethereum remains range-bound between the 100-day and 200-day moving averages, indicating a consolidation phase.</li><li>Market sentiment leans towards a potential bullish breakout in the coming days as ETH hovers between key levels.</li><li>Technical analysis suggests that a breakout above $2.8K could signal another leg upward, while failure to hold $2.5K may lead to extended consolidation or a retracement.</li><li>The funding rate in Ethereum's futures market has been declining, indicating reduced bullish conviction and the likelihood of continued sideways movement until stronger demand materializes.</li></ul>

Ethereum Gains 4% This Week, What are the Next Targets? ETH Price Analysis

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