$ETH
ETH is stuck in an awkward spot: right in the middle of its daily range.
At 2,513, with a 24h range of 2,487–2,538, it’s at 51% of the range. It’s down just 0.12% over 24h—almost exactly where it started. The 4-hour candles at 2,499, 2,515, 2,507, 2,497, and 2,513 have been moving back and forth around 2,500, with none establishing a clear direction. Trading volume is 6.7 billion U, down 40% from the previous period, confirming that the market is waiting.
The discipline for trading in the middle of the range is simple: don’t guess the direction; wait for the range to provide an answer. 2,538 is resistance—only a move through it on strong volume would open up room to rise. 2,487 is support; a break below it could send price lower to find the next level.
ETH is stuck in an awkward spot: right in the middle of its daily range.
At 2,513, with a 24h range of 2,487–2,538, it’s at 51% of the range. It’s down just 0.12% over 24h—almost exactly where it started. The 4-hour candles at 2,499, 2,515, 2,507, 2,497, and 2,513 have been moving back and forth around 2,500, with none establishing a clear direction. Trading volume is 6.7 billion U, down 40% from the previous period, confirming that the market is waiting.
The discipline for trading in the middle of the range is simple: don’t guess the direction; wait for the range to provide an answer. 2,538 is resistance—only a move through it on strong volume would open up room to rise. 2,487 is support; a break below it could send price lower to find the next level.