Ethereum Looks Ready to Move 🌤️ The Morning Print
May 11, 2026
Good morning!
Ethereum looks like its setting up for a major move.
Will ETH follow Bitcoin's lead higher?
Let's take a look.
Ethereum continues to consolidate beneath the 2.3-2.4k resistance level.
What's constructive about this price action is the lack of a meaningful breakdown.
Unlike January's waterfall-like selloff, Ethereum has so far held steady.
Volatility is now compressed to some of the lowest levels seen in recent years, and expansion is likely on the way.
Bitcoin has already cleared its first major hurdle near 75k.
Now Ethereum may be preparing to follow its lead.
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