CyrilXBT posted on X. Ethereum (ETH) is currently undergoing a crucial phase of stabilization following a challenging market cycle. The focus is on establishing a solid foundation rather than expecting a rapid V-shaped recovery. This process involves forming higher lows and reclaiming previous value levels, which are essential steps in transitioning from a lagging position to a leading one. The key indicator for this transition will be Ethereum's ability to maintain acceptance above its current range.

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