Ethereum followed Bitcoin's decline, suggesting increased market volatility ahead according to crypto analyst CRYPTOWZRD.
ETHBTC showed bearish daily candles amidst ongoing geopolitical tensions, leading to market caution and short-term hesitations across major cryptocurrencies.
Despite immediate weakness in daily candles, CRYPTOWZRD remains cautiously optimistic about Ethereum's future, especially for ETHBTC, anticipating further upside in the long term.
Ethereum's next move will depend on holding above the $2,604 resistance level, with the market showing signs of volatility and unpredictability in the short term.