ETH Update – Price & 1-Week Outlook
As of today, Ethereum (ETH) is trading around $1,940 USD, continuing to move within a narrow consolidation range. Price action over the past few days shows limited momentum, with buyers and sellers remaining relatively balanced.
In the short term, ETH is still in a sideways structure. The market has not yet produced a strong breakout signal, and overall sentiment remains cautious.
1-Week Outlook:
Base scenario (sideways): ETH may continue fluctuating between $1,880 – $2,100 as the market waits for stronger volume and directional confirmation.
Bullish scenario: A sustained move above $2,100 – $2,150 could open the door for a push toward higher resistance levels.
Bearish scenario: If price loses the $1,800 support zone, downside pressure could increase with a potential retest of lower levels.
Overall, the trend for the coming week leans toward consolidation unless a clear breakout occurs. Traders should monitor volume expansion and key support/resistance levels before committing to large positions.