Ethereum is showing a cautious recovery attempt after recent consolidation. Price action suggests $ETH is trading near a key support zone where buyers are gradually stepping in. Volume remains moderate indicating the market is waiting for a clear catalyst.
On the technical side ETH is still moving below major resistance so upside momentum may face selling pressure in the short term. If buyers can defend current support a short term bounce toward the nearest resistance is possible. However failure to hold this level could trigger another
retest of lower support.
Overall ETH remains neutral to slightly bullish favoring range trading rather than aggressive breakout moves.
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ETH
2,257.87
-1.48%