#ETH Market Insight | Today
📊 Current Price Action:
Ethereum (ETH) is trading near $2,600, showing signs of short-term consolidation after recent selling pressure across the broader crypto market.
📉 Market Structure:
• ETH is holding above a key psychological support zone around $2,550–$2,600
• Buyers are cautiously stepping in, but momentum remains mixed
• Overall sentiment stays neutral while the market waits for direction
📐 Technical Outlook:
🔹 Support: $2,550 – $2,600
🔹 Resistance: $2,700 → $2,850
🔹 RSI sits near neutral, suggesting ETH is neither overbought nor oversold
📌 What to Watch:
👉 A strong hold above $2,600 could trigger a bounce toward $2,700+
👉 Losing $2,550 may open room for deeper consolidation
👉 BTC movement will heavily influence ETH’s next move
🧠 Summary:
ETH is in a wait-and-watch phase near $2,600. A breakout or breakdown from this zone will likely define the next short-term trend.
⚠️ DYOR | Not financial advice ! #ETHMarketWatch $ETH
