$ETH is currently showing stable-to-bullish momentum, supported by strong on-chain fundamentals and growing institutional interest.

🔍 Market Overview

ETH is trading in a consolidation range, indicating accumulation after recent volatility. Buyers are defending key support levels, while sellers are losing strength near resistance zones.

📈 Technical Analysis

Trend: Short-term sideways, medium-term bullish

Support Zone: Strong buying interest near recent lows

Resistance Zone: ETH needs a clean breakout above the upper range to continue upward

Indicators:

RSI is neutral to slightly bullish, suggesting room for upside

Moving averages are flattening, hinting at a possible breakout soon

⛓️ On-Chain & Fundamental Insights

Staking Growth: More ETH is being locked in staking, reducing circulating supply

Network Usage: DeFi, NFTs, and Layer-2 activity remain strong

Institutional Interest: ETH is increasingly viewed as a core smart-contract asset#ETH🔥🔥🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 #ETHETFsApproved