Ethereum Structure Turning Interesting


$ETH has been trading in a clean range between $1,800 – $2,200 for the past few weeks. The $1,963 level (February close / POC) continues to act as a key pivot, and price is now pushing higher while holding above it.
Key observations:
• Price is pressing into the 20-day SMA resistance as the trend compresses.
• Strong volume acceptance above $2,000 is building.
• The market is once again approaching the range high near $2,200.
If buyers reclaim and hold above $2,200, the market could shift from range → expansion, potentially triggering a strong move.
For now, the structure remains clear:
Higher lows + reclaiming key levels = growing bullish pressure.
A breakout above the range high could accelerate momentum for
#GateFebruaryTransparencyReport #MicroStrategyAddsBTCFor1.28B
ETH1,29%
post-image
ETH.com
ETH.comETH.com
MC:$5.48KHolders:1
0.00%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin