Ethereum’s $6K Dream: A Bullish Pennant or Fool’s Gold?

As of this moment, the price of Ethereum hovers near $2,929, a figure as precarious as a bureaucrat’s promise. The rebound, they say, is cautious-a timid step forward after the recent selling pressure, which, like a persistent aunt, pushed ETH toward its key demand zones. Sentiment, ever the fickle companion, remains divided, though long-term indicators suggest a transition from distribution to base formation. Or perhaps, it is merely the market’s way of toying with our hopes, like a mischievous nose in a Gogol tale.



