$ETH Ethereum is trading around $3,111 after significant fund inflows into the BlackRock ETFs.
Weakening of buyer strength in a context of neutral momentum and tight price consolidation.
Technically, Ethereum is consolidating above short-term support near the Ichimoku Kijun at $3,035, but remains capped by resistance at $3,287. Moving averages show that the price is above the MA-20 but below the MA-50 and MA-200. The RSI is close to neutral territory at 48.49, while the MACD also suggests a neutral bias. Most oscillators, including Stoch RSI and CCI, indicate underlying weakness or neutrality, and the ADX highlights a clear loss of buyer strength. The bullish/bearish power shows that buyers dominate intraday, although broader momentum is not confirmed by the "Awesome" oscillator. Volatility is low, and price action is centered on today's narrow range.
Range perspectives dominate as the risks of a bullish breakout remain low.
Over the next five trading days, ETH/USD is expected to trade within a typical volatility band between $2,950 and $3,250. The probability of a sustained bullish move is low (less than 20%) under current conditions, given the lack of convincing bullish indicators. The most likely scenario is one of sideways movement within this range. A breakout above $3,287 would be necessary for a bullish bias, while a close below $3,035 could pave the way for a test of $2,950 as support.
