The weekend market is still overall choppy and range-bound, and the market hasn’t broken out into a clear direction.

From the chart, ETH is still in a range-bound consolidation phase—both bulls and bears are waiting for a new catalyst to emerge. The news cycle has repeatedly thrown the market off, but it hasn’t changed the current choppy structure. In essence, it’s a tug-of-war for positioning before capital chooses a direction.

For the short term, keep a close eye on the pressure around 1633-1638. This is the current bull-bear dividing line. Until there is an effective breakout, the overall approach remains more inclined toward a range-bound, weaker-structure pattern.

On the downside, watch how price holds near 1550. Within the range, the action is mostly back-and-forth.

My trading philosophy is simple:

I don’t trade frequently in uncertain conditions—I only take opportunities that I can clearly understand.