Liquidity Pocket Magnetizes Prices: Will Ethereum Classic Ereign Another Bullish Run?

Miami, Florida – Ethereum Classic (ETC) experienced a bullish breakout above the $29-resistance level on May 20. The excitement stemmed from the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) and the network’s fourth halving on May 31. However, amidst recent volatility around the $32-level, ETC faced an 8% drop in just five days, raising questions about its next price movement. For ETC bulls, the $29.1-level had been a significant resistance point since April 13. …

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