ETH is holding above a key short-term support after a healthy pullback from the recent high. Price action looks calm, not weak — more like the market is taking a pause.
On the short timeframe, momentum is slowly rebuilding and sellers are not aggressive. On the mid timeframe, the structure still favors higher lows as long as the current support holds. From a broader view, ETH remains in a recovery phase, with room for another push if volume improves.
What to watch next
Holding support → slow grind upward
Strong breakout → momentum continuation
Support loss → brief retest before deciding direction
This is just a personal market observation, not financial advice. Always manage risk and trade your own plan.
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$ETH ETH Market View
ETH is holding above a key short-term support after a healthy pullback from the recent high. Price action looks calm, not weak — more like the market is taking a pause.
On the short timeframe, momentum is slowly rebuilding and sellers are not aggressive.
On the mid timeframe, the structure still favors higher lows as long as the current support holds.
From a broader view, ETH remains in a recovery phase, with room for another push if volume improves.
What to watch next
Holding support → slow grind upward
Strong breakout → momentum continuation
Support loss → brief retest before deciding direction
This is just a personal market observation, not financial advice. Always manage risk and trade your own plan.