#ETHTrendWatch TH Trend Watch: Deep Dive Into Recent Price Action and Strategic Positioning
Ethereum (ETH), the world’s second‑largest cryptocurrency, has been through an intriguing phase of consolidation and volatility as traders and investors digest both technical signals and macro drivers. As of the latest market data, ETH is trading near $2,970–$3,200, having retraced from earlier highs and testing key support zones after weeks of choppy price action.
Over the past month, ETH has seen its price oscillate between approximately $2,950 and $3,260, with immediate support clustered around $3,2