$ETH is still trading inside a recovery structure after heavy yearly drawdowns. The market isn’t euphoric it’s cautious. Volume has improved slightly on bounces, but follow-through remains selective.
What’s notable today is positioning behavior. Sellers are no longer aggressively pressing every small rally. That usually signals distribution pressure is cooling, even if a full trend reversal hasn’t confirmed yet.
On the macro side, stablecoin activity and on-chain settlement remain steady. Ethereum continues to dominate #defi TVL and tokenization infrastructure, which supports its long-term narrative even during weak price phases.
Key mindset right now:
This is not expansion mode. It’s stabilization mode.
If $ETH holds higher lows and avoids sharp breakdowns, structure slowly improves. If volatility compresses further, a larger move often follows.
No hype needed.
#Ethereum tends to build quietly before it trends loudly.
Patience - reaction.