#DeepCreationCamp Ethereum is currently trading in a consolidation phase after a recent impulsive move upward. Price action shows higher lows on the daily timeframe, indicating that bulls still maintain structural control. However, short-term resistance is limiting momentum, creating a compression pattern that often precedes a breakout.

On the 4-hour chart, ETH is holding above its 50 EMA, which is acting as dynamic support. As long as price remains above this moving average, bullish continuation remains the higher probability scenario. The RSI is hovering near the neutral 50–55 zone, suggesting there is room for expansion in either direction. A push above 60 on RSI could confirm renewed bullish momentum.

Key resistance lies near the previous swing high. A decisive break and close above that level could trigger momentum-driven buying, potentially leading to a continuation toward the next liquidity zone. On the downside, immediate support sits near the recent higher low. A breakdown below this level would invalidate the short-term bullish structure and could open the door for a deeper retracement toward the daily demand zone.

Volume remains moderate, which suggests the market is waiting for a catalyst. Traders should monitor Bitcoin’s movement closely, as ETH often follows broader crypto sentiment.$ETH ‌