Ethereum Range-Bound — Await a Breakout
I think ETH is currently range-bound and lacks a clear directional bias until we get a decisive breakout or breakdown. Momentum and volume look mixed, so small moves up or down can occur but aren’t convincing trend signals yet.
I’d watch on-chain activity, macro sentiment, and any major protocol or regulatory news as catalysts. A clean breakout above recent resistance would be my signal to turn bullish; a firm break below support would increase the risk of a deeper pullback.
Analysis
Recommendation
Watch and wait for a confirmed breakout or breakdown before initiating directional trades. If you trade now, use tight risk management and prefer smaller position sizes until a clear trend develops.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.