ETH Price Prediction: Will Bullish Momentum Hold for a Rally Above $1700?

In recent days, the crypto market has been punctuated by a fresh influx of buying interest, catalyzing a relief rally across several leading crypto assets. Ethereum coin, a major player in the digital arena, notably felt an abrupt shift in its prior corrective trajectory, with prices rebounding sharply from the $1550 region. This bullish pivot has enabled ETH price to reclaim its once-breached $1577 threshold, suggesting that market participants accumulate at a discounted price. However, can this revival nurture the seeds of a robust bullish resurgence?