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Ethereum ($ETH ) is currently trading in a tight consolidation range, holding above a key support zone as volatility cools down. Buyers continue to defend dips, suggesting steady accumulation within the current structure.
Price is repeatedly testing nearby resistance, indicating that bullish pressure is gradually building. This kind of compression often leads to a strong breakout once liquidity is fully absorbed and volume increases.
If ETH manages to break above resistance with solid confirmation, the next move could accelerate toward higher liquidity zones. Until then, traders are watching the range closely for the next clear signal.
#ETH #Ethereum #Crypto #Gateio