$ETH is starting to show some resilience again.
After dipping below the highlighted zone, $ETH has now pushed back above it multiple times, which tells me buyers are at least willing to defend this area. That alone doesn’t guarantee a breakout, but it does shift the conversation away from panic and$ toward structure.
The key now is follow-through. If Ethereum can reclaim and hold this zone on a closing basis, it usually signals that demand is absorbing supply rather than just reacting to short-term bounces. In that case, momentum tends to improve and the outlook gradually turns constructive.
If it fails to hold and slips back below, then this move likely remains just another range rotation.
For now, this level matters more than any short-term wick.
Patience here is more important than prediction.
#ETH — watching for acceptance above the zone before getting bullish