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Ethereum ($ETH ) is currently trading within a tight consolidation range, holding above a key support zone as the market stabilizes. Buyers continue to defend dips, forming a structure of higher lows that suggests steady accumulation.
Repeated tests of resistance indicate that bullish pressure is gradually building. This type of compression often leads to a strong breakout once liquidity is fully absorbed and volume increases.
If ETH breaks above resistance with solid confirmation, the next move could expand toward higher liquidity zones. Until then, traders are watching closely for the next clear signal.
#ETH #Ethereum #Crypto #Gateio