<ul><li>Ethereum is trading below the $2,000 mark, stuck in a narrow range between $1,800 and $1,900 amidst market uncertainty.</li><li>There are concerns of a potential continuation of the bear trend as Ethereum tests a 5-year-long trendline, which if broken, could result in a deeper decline.</li><li>The reaction of Ethereum at this crucial trendline will determine its next major move, making it a pivotal moment for the second-largest cryptocurrency.</li><li>Bulls need to reclaim the $2,300 level for a recovery rally, while failure to hold above crucial moving averages could trigger further selling pressure.</li></ul>

Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming?

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