Ethereum rises above $1,250 support, but buyers may still be unconvinced

Ethereum gained 2% to maintain above support
Ethereum has been witnessing whale accumulation at $1,230
The cryptocurrency still lacks a directional bias as sellers remain active
Ethereum (ETH/USD) rose more than 2% on Friday, cementing a position above $1,250 support. The recovery saw ETH trade to a price of nearly $1,300 before falling slightly. However, the ETH price is not at a level we can consider bullish. It is, instead, consolidating at or above the crucial support. Will buyers help furth