#ETHTrendWatch | #CRYPTO

Ethereum is currently in a consolidation phase, reflecting broader market caution while maintaining its medium-term structure.

What stands out:

📉 Price action: ETH pulled back with the market but is holding key support zones, suggesting controlled selling rather than breakdown.

💧 Liquidity & volume: Participation has thinned, leading to sharper intraday moves — typical during uncertain macro conditions.

📊 Derivatives: Funding rates remain mostly neutral, indicating leverage is not stretched.

🏦 Institutional angle: ETF flows have been mixed, pointing to de-risking and rotation, not panic exits.

Trend outlook: As long as ETH holds its primary support, the structure favors range-building and accumulation over aggressive downside. A volume-backed reclaim of resistance could open room for continuation, while a clean loss of support would signal a deeper correction.

📌 Key levels to watch:

🟢 Support: recent demand zone

🔴 Resistance: prior rejection area

Patience matters here — ETH tends to move decisively after volatility compresses.