$ETH Ethereum tightening before the next decision point. On the short-term chart, price is hovering around 2340 after a sharp intraday recovery, showing buyers are still defending the mid-range aggressively. The dip toward the 2330–2335 zone was quickly absorbed, creating a higher low structure that keeps ETH above its rising moving average. This MA is acting as dynamic support, and price repeatedly respecting it suggests underlying bullish pressure despite recent volatility. Volume tells an important story here: earlier sell candles had limited follow-through, while the rebound came with steady participation, not panic buying. Resistance is clearly layered near 2355–2390, where previous highs failed, and a clean break above this zone could open momentum toward the psychological 2450 area. On the downside, a loss of 2330 would weaken the structure and expose ETH to a deeper pullback toward 2250. Overall, ETH looks coiled rather than exhausted. Consolidation above support favors continuation, but traders should watch volume expansion for confirmation. Pro tip: patience here often pays more than chasing the first spike.

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ETH

2,252.69

-3.95%