The price prediction for Ethereum is trending negative, with the BTC/Ethereum MVRV Momentum Oscillator indicating a shift in momentum towards negative territory. Past instances of negative momentum have been followed by sharp corrections in ETH's price. Despite this, Ethereum has gained 0.50% in the past 24 hours and has a market capitalization of $329.07B. The 24-hour trading volume has decreased by 23%, suggesting a decline in buying interest. Ethereum is currently in a consolidation phase with a trading range between $2,600 and $2,850. The outlook is neutral to slightly bullish, with the Money Flow Index indicating no strong buying or selling pressure. The next major trend for Ethereum will depend on whether it can break above $2,850 or hold $2,600 as support.



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