#ETHTrendWatch Ethereum Trend Watch: Navigating Consolidation and Strategic Positioning
Ethereum (ETH), the world’s second-largest cryptocurrency, is currently navigating a consolidation phase marked by elevated volatility and cautious market participation. Price action remains confined within the $2,970–$3,200 zone, reflecting a market balancing accumulation interest with broader macro uncertainty. Traders and community participants are closely observing these ranges for actionable opportunities.
Demand consistently appears near the $3,100–$3,200 level, supported by short-term moving averages