Ethereum continues to move within a structured range, showing signs of accumulation after previous swings. Price action indicates compression, often seen before larger expansion moves in either direction.

Market activity suggests investors are repositioning while volatility decreases in the short term. Key attention remains on whether Ethereum can break its upper range boundary or retest support for renewed demand.

The broader trend remains dependent on Bitcoin direction, with ETH following overall market structure closely.

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ETH

1,642.33

+3.85%