Our beloved ETH, always a charmer, has certainly been on a bit of a journey lately. After a spirited run up to those near-$4.75k highs, she decided to take a scenic detour downwards, finding a temporary floor around $3k. It's been a bit of a grind, a steady descent that tested the patience of many, with the open interest often playing a quiet background hum. But lately, my friends, things are getting spicy! Just a glance at the recent action tells a vibrant tale. We've seen some impressive clearing of liquidity, especially around the $2900 mark, with ETH muscling its way through what looked like some stubborn resistance. That swift push past the $3000 threshold? Pure poetry for anyone holding the bag. It suggests a newfound vigor, a delightful shift in momentum as conviction starts to build. Keep your eyes peeled; if this darling can hold her new ground, we might just be in for a dazzling display.
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