There’ve been some rumblings about a potential bear case for ethereum.

Now hold your horses; there may be a few reasons to think that the bear hasn’t reared its head just yet. At least for now.

Jeff Sekinger, founder of Nurp, argued that the chart is actually bullish for ETH because it was able to find support after it bounced above $2,300. 

Meanwhile, Volmex founder Cole Kennelly told Blockworks that ETH’s fundamentals remain “strong.”

Read more: Where are we on the bull market chart?

“Notably, ETH is the second crypto asset to have spot ETFs, the blockchain of choice for most institutional tokenization efforts, and the home to the leading stablecoins. ETH boasts the most…

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