$ETH is near 1.68K, but smart traders know a bounce is not the same as confirmation.
Ethereum is trading around $1,678–$1,682 today, with a 24h range near $1,632 to $1,690. That means ETH is reacting, but the real test is whether buyers can defend the next retest instead of just printing one green move.
ETH
1,661.57
-0.87%
What I’m watching on $ETH:
support reaction
higher low formation
buyer strength on retests
My view:
If those things appear, ETH becomes more constructive. If not, chasing strength too early can become expensive.
Would you buy $ETH here, or wait for stronger structure first?