Ethereum ($ETH ) is showing signs of strength beneath the surface, even while the market remains cautious. Price consolidation near key support suggests distribution is over and accumulation is underway.
On-chain activity remains stable, gas usage is picking up, and ETH dominance is holding firm — a classic setup seen before impulsive upside moves. Historically, when ETH stabilizes while volatility compresses, the next move tends to be fast and aggressive.
Macro uncertainty is still there, but Ethereum continues to act like a risk-on leader for the next leg of the cycle. A clean break above resistance could trigger rotation from $BTC into $ETH , igniting an altcoin expansion phase.
Smart traders are not chasing candles — they’re building positions quietly.
ETH doesn’t move loud… until it does.
