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#ETHTrendWatch
Ethereum Market Update 🔎
Ethereum is currently trading near key support levels and showing range‑bound behavior after recent volatility. The market is digesting macro news, with price oscillating between short‑term support and resistance zones rather than trending sharply. Recent price action suggests a consolidation phase, not a breakdown — a classic sign of structural basing before the next directional move. �
TradingView +1
Short‑term sentiment leans slightly bearish due to ongoing volatility and weak inflows, but the broader trend isn’t broken as long as critical support levels hold. Watch for a break and close above resistance to confirm renewed upside momentum. �
CoinCodex
Key Insight:
📊 ETH remains in a range — buyers defending demand zones — signaling preparation for the next move.
Smart traders focus on confirmation signals + risk management, not emotions.
#ETH #Ethereum #CryptoTrend #MarketAnalysis