Ethereum is currently consolidating after a strong bullish move, showing resilience above key psychological support levels. Price action suggests buyers are defending higher lows, indicating sustained market confidence. Trading volume remains stable, while momentum indicators such as RSI hover in neutral-to-bullish territory, leaving room for continuation. A clean break above near-term resistance could open the door for a move toward higher targets, while failure to hold support may trigger a short-term correction. Fundamentally, Ethereum continues to benefit from network upgrades, strong developer activity, and growing institutional interest, keeping the medium- to long-term outlook constructive despite short-term volatility.
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Ethereum is currently consolidating after a strong bullish move, showing resilience above key psychological support levels. Price action suggests buyers are defending higher lows, indicating sustained market confidence. Trading volume remains stable, while momentum indicators such as RSI hover in neutral-to-bullish territory, leaving room for continuation. A clean break above near-term resistance could open the door for a move toward higher targets, while failure to hold support may trigger a short-term correction. Fundamentally, Ethereum continues to benefit from network upgrades, strong developer activity, and growing institutional interest, keeping the medium- to long-term outlook constructive despite short-term volatility.