Ethereum is currently showing a short-term consolidation phase after recent volatility, with price moving between support and resistance zones as traders wait for a breakout signal.

Technically, $ETH is holding near a key support area, suggesting buyers are still active. If momentum increases, the next upside target is the recent resistance zone where profit-taking is expected. On the downside, a breakdown below support could lead to a deeper retracement before recovery.

Overall trend remains cautiously bullish, but short-term movement is sideways until volume confirms direction.

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ETH

2,118.71

+3.93%