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ETH's movement today, in plain terms, finally shows a low-level recovery taking shape.
After holding around 1500, the price didn't break lower, and then it climbed back above 1700, now near 1780.
This suggests that short-term capital is starting to flow back, and sentiment is much better than a few days ago.
But what I'm more concerned about is the 1800–1850 range.
If there's a strong volume breakout here, ETH still has room for further recovery.
If it just spikes and then falls back, then this wave could easily turn into a rebound followed by a washout.#eth