$ETH Holding Its Ground Structure Still Matters...
#Ethereum is trading in a well-defined range, and the price action here is more controlled than it looks at first glance.....
After the previous impulse move, ETH has pulled back into a familiar demand zone where buyers have stepped in multiple times before. This kind of reaction usually reflects balance, not weakness.
The support area around the mid-$2,700s to $2,800 region is clearly doing its job. Price keeps respecting this base, which suggests accumulation rather than distribution. As long as ETH holds above this zone, the broader structure remains constructive.
On the upside, the resistance near the $4,700–$4,900 area is the real hurdle. That level capped price previously and aligns with strong supply. A clean reclaim above it would signal a major shift in momentum and open the door for an extended move higher.
For now, Ethereum is stuck between committed buyers below and heavy sellers above. This phase is about patience and confirmation, not chasing candles. The chart isn’t screaming danger — it’s asking for time.
ETH isn’t broken.
It’s building.
The next decisive move comes after structure confirms.



