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#ETH
ETH narrow range oscillation! Bulls and bears at stalemate, which direction next?
ETH oscillated in the 2147-2198 range today, currently around 2165, up 0.6% in 24h.
Last night it rallied to 2198 but encountered resistance and pulled back. After exploring lows near 2147, it stabilized. Currently consolidating in a narrow 2150-2180 range.
Fed commentary + regulatory uncertainty weighing on sentiment
Converging triangle consolidation, MACD histogram contracting, balanced momentum between bulls and bears, BTC moving in sync with slightly smaller volatility
Range trading between 2100-2200, chase breakouts in either direction. Keep it simple, no complex strategy analysis needed.