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ETH had a decent run from the bottom of the Ascending Channel

As the price climbed up to the top (having no deep corrections) with relative ease.

When ETH approached the top of the Channel, the momentum started to fade away and the price began to consolidate. During this period the Bulls have tried to push the price above the Upper Trend-Line, on multiple occasions, but every time the price poked its head above, it got pushed back under.

The Bulls need to initiate a breakout, sooner rather than later, because if the price keeps struggling here, it might encourage the Bears to start an attack.

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#ethereum #crypto #cryptocurrency #trading #trade

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