Fidelity, a major financial services provider, has released a report on Ethereum (ETH) that highlights key metrics to watch for in the coming months. The report notes that Ethereum has remained above key support levels and is currently in a neutral zone, potentially setting the stage for a bull run or sideways price action.

The report also highlights rising momentum in new Ethereum addresses and a decrease in net supply issuance, which could raise the relative ownership level of remaining token holders. ETH's price has decreased by 2% in the last 24 hours and has lost its 50-day moving average, with several key support levels to watch for in the event of further decline.