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Ethereum back in the range and following BTC😁💫🚀
Ethereum is testing a key resistance zone after a strong bounce from the local range lows. Price pushed into a high-volume area where sellers previously stepped in, so this level will likely determine the next directional move.
If bulls can reclaim and hold above the current resistance, it opens the door for continuation toward the higher liquidity zone above. Momentum is improving and the recent structure shift suggests buyers are beginning to regain control.
However, failure to break this level could trigger a pullback back into the range. A move below the recent higher low would signal a potential change of character and could send price back toward the lower liquidity pocket.
For now, Ethereum is sitting at a decision point where either continuation or a range rotation becomes the most probable path
$ETH