<ul><li>Ethereum is consolidating above $2,500, showing resilience amid market volatility and testing key resistance at $2,700.</li><li>Analysts suggest Ethereum could lead an upcoming altseason, with bullish momentum being supported by holding above $2,500.</li><li>Ethereum faces a critical test as it tries to reclaim higher prices, currently back at its 20-day moving average after recent fluctuations.</li><li>On the 4-hour chart, Ethereum is consolidating around $2,614, finding short-term support near the 34-period EMA and moving averages, with a tightening wedge pattern indicating an imminent breakout.</li></ul>

Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support

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