Ethereum is trading in the range of US$1,800, after experiencing volatility but still holding above the important psychological level. Over the last 7 days, $ETH has recorded an increase of about 1.7%, indicating that the recovery trend has not completely disappeared, even as there is short-term selling pressure.

Technical analysis

* Trend: Neutral but tends bullish.
* Key support: US$1,780, then US$1,750.
* Nearest resistance: US$1,830, then US$1,880–1,900.

As long as ETH remains above US$1,780, the opportunity to retest resistance at US$1,830 is still open. However, if it falls below that level, the price could correct toward US$1,750 before finding a new balance.

Factors influencing today

Several factors are currently drawing market attention:

* Rising US bond yields and a strengthening US dollar are causing some investors to reduce exposure to risk assets such as crypto.
* On the other hand, selling pressure has started to ease after last week’s rally, so the current correction still looks like a consolidation phase rather than a definite trend change.

Today’s prediction

I see three main scenarios:

* 55% chance: ETH moves sideways in the range of US$1,790–1,830.
* 30% chance: A breakout above US$1,830, paving the way toward US$1,880–1,900.
* 15% chance: A correction to US$1,750 if Bitcoin weakens or macro sentiment worsens.

Conclusion

For today’s trading, the bias is still slightly bullish, but not strong enough to confirm a new uptrend. The US$1,780 area is an important level to monitor. If that level holds and buying volume increases, the chances of a rise toward US$1,830–1,900 will grow. Conversely, a drop below US$1,780 could trigger a deeper correction toward US$1,750.