$ETH is starting to show signs of recovery after the recent flush, and the short-term structure is beginning to stabilize.

Right now price is consolidating just below the $2,270 bearish supply zone a level that previously pushed the market lower. This makes it the key decision point for the next move.

If bulls manage to reclaim and flip $2,270 into support, momentum could quickly expand toward $2,300+ as liquidity sits above that area.

On the downside, $2,240 is currently acting as strong support and holding the market together. As long as this level remains intact, buyers may continue to accumulate within this range.

📍 Buying Zone: $2,240 – $2,250
This region offers a potential entry for traders positioning for a breakout attempt.

Market Insight:
The market is currently compressing between support ($2,240) and supply ($2,270). Periods like this often lead to a volatility expansion, meaning the next break could come with strong momentum.

Break above $2,270 → Potential push toward $2,300+

Lose $2,240 → Possible liquidity sweep before the next move

For now, patience is key. The reaction at these levels will likely define ETH’s next short-term trend.

#ETH #Crypto #Market #GateSquareMayTradingShare