#ETHTrendWatch Navigates Consolidation & Volatility
Ethereum (ETH), the world’s second-largest cryptocurrency, is currently in a phase of consolidation, with traders weighing technical signals against broader macroeconomic conditions. ETH is trading in the $2,970–$3,200 range, following a retracement from recent highs and a period of choppy, indecisive price action.
Over the past month, Ethereum has largely oscillated between $2,950 and $3,260, highlighting a market caught between accumulation and hesitation. Immediate demand repeatedly appears near $3,100–$3,200, supported by short-term movin