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Ethereum ($ETH ) is moving through a steady consolidation phase, with price holding firmly above an important support zone. Buyers continue to step in on every dip, suggesting quiet accumulation as the market builds strength.
The repeated tests near resistance indicate that bullish pressure is gradually increasing. This kind of compression often leads to a strong breakout once volume returns and liquidity is fully built.
If ETH manages to clear resistance with strong confirmation, the next upward move could accelerate quickly toward higher liquidity zones. Until then, traders are watching the range closely for the next decisive signal.
#ETH #Ethereum #Crypto #Gateio
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