Definition ∞ Ether price consolidation refers to a period where the price of Ether trades within a relatively narrow range, following a significant upward or downward movement. This phase indicates a balance between buying and selling pressures, as the market digests prior price action. It often precedes a new price trend, either a continuation or a reversal.
Context ∞ Crypto news frequently reports on Ether price consolidation as a signal of market indecision or a period of preparation for the next major price move. Analysts examine volume patterns and on-chain data during these periods to forecast the direction of the eventual breakout. Understanding this phase helps investors anticipate future volatility and potential trading opportunities.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
