‍#ETH is currently trading within a macro-range between $2,012 resistance zone and $1,965 support.

This resistance is acting as a clear ceiling currently. We have a 2nd rejection from this level, showing that sellers are still active here. For a stronger recovery, $ETH needs a clean reclaim above $2,012, which would open the move towards higher levels and confirm short-term strength.

On the downside, the $1,965–$1,970 support zone remains critical. Losing this level would break the ascending structure and likely shift momentum bearish, opening room for further downside.

For now, ETH is sideway currently which shows the bias is neutral as of now. It will only change upon the breakout of range high or range low.