I took a look at Ethereum charts this morning and honestly, ETH is pretty stuck in a tight consolidation zone. The price of Ethereum has been oscillating between $1.8K and $2.4K for a while, and right now we're at $2.33K — not a bad level to watch for movements. Nothing really decisive for now.

What intrigues me is the structure on the 4H chart. There's a small bullish wedge forming, but honestly, it looks more like a correction than a true impulsive move. The highs and lows are getting higher and higher, but with less strength each time. This kind of pattern can flip quickly.

If we look at liquidity, there's a nice concentration of liquidations around $1.8K and below. It's interesting because markets love to hunt for these zones. A breakdown of the wedge downward could easily retest this support.

For now, the price analysis remains neutral — we're really in a waiting phase. Either we break above $2.4K and aim higher, or we break the support and drop back to $1.8K. The next move should be quite violent given the current compression. Keep a close eye on it.