Ethereum Price Analysis: Relief Rally or Trend Reversal? ETH At a Crossroads After 20% Surge

Ethereum has staged a notable rebound from the recent capitulation low near the mid-$1,700s, but the broader structure remains corrective after months of persistent downside. The current advance looks more like a short-term relief rally within an established downtrend than a confirmed trend reversal, so the focus is on whether the price can reclaim key resistance zones and invalidate the series of lower highs that ha…