#ETH Trend Watch#

Ethereum’s current setup shows an interesting balance between stability and caution. The fact that ETH is holding above key moving averages is generally a bullish signal because it indicates that buyers are still defending important technical levels. However, the slowdown in momentum suggests that upward strength is weakening, and short-term traders may face more choppy or sideways price action rather than a strong continuation rally.

In the short term, ETH could consolidate within a range before deciding its next direction. If the broader market sentiment remains positive and Bitcoin holds strong, ETH has the potential to test higher resistance levels, but if momentum continues to fade, a retest of support levels near its moving averages is also possible.

A sensible short-term strategy could be to avoid aggressive entries and instead adopt a range-trading or staggered buying approach. Traders might consider:

Watching closely for a confirmed breakout above recent resistance levels before adding to long positions.
Using tight stop-losses if taking short-term trades, since slowing momentum increases the chance of pullbacks.
Considering gradual accumulation if ETH dips toward support near the moving averages, especially for those with a medium- to long-term bullish view.
Being cautious with leverage, since sideways momentum often leads to sudden volatility spikes.