The analyst explains that with the break of $1,600 and the Ethereum price moving higher back in April, the trend has turned more positive from here. Hence, as long as this is maintained, then the trend does indeed remain bullish, leading to the second and most important question.
On an important note, the analyst points out that if the Ethereum price is able to complete its 2-month candle above $4,400 by the end of October, then it also confirms that price action is positive and the price could continue to climb.
