Ethereum Showing Steady

Ethereum, the second-largest crypto by market cap, has recently been retracing, with the coin's price standing at around $2,171 as of writing this report. This price action comes after a long bear pattern that scared away many investors, leaving many to think the asset could continue tanking. Instead, the primary cause of this bullish move was Elon Musk's influence. Ethereum's Retracement The buying pressure of Ethereum increased on Thursday by a tremendous rate, with investor confidence being high in many…