As of today, Ethereum (ETH) is trading sideways and consolidating within the $1,584–$1,620 range. Following a pullback of approximately 22% over the last 30 days, the technical outlook is shaping up as follows:

Critical Support Level: The most significant psychological and technical support zone for the price lies between $1,508 and $1,510. To preserve the "Double Bottom" pattern visible on the charts, daily candle closes below this level must be avoided.
Resistance and Trend Reversal: Breaking the short-term downtrend and gaining some breathing room requires first overcoming the $1,675 resistance level, followed by the $1,800 level. For a sustained uptrend to emerge, high-volume closes above $2,000 will be required.