$ETH is pulling back toward the $1,900–$1,930 demand zone after rejecting from the $2,150 resistance area. Price is currently testing the descending short-term trendline, where buyers may attempt to defend support. If ETH holds this demand zone, a bounce toward $2,150 resistance is likely. However, a breakdown below $1,900 could open the path for a deeper move toward the $1,736 support.
$ETH has broken above the descending trendline and reclaimed short-term structure after a strong bounce from the $1,880–$1,920 demand zone, confirming a shift in momentum. Price is now consolidating just below the $2,150 resistance, which is the immediate key level to watch. A clean breakout and hold above $2,150 opens the path toward $2,300–$2,470, while rejection here could lead to a pullback toward the $2,000 area. Short-term bias is bullish as long as ETH holds above the reclaimed structure and prior demand.