After a sharp drop to the 2904 area buyers stepped in quickly and absorbed the sell pressure. On the 15 minute chart price is now consolidating around 2960 showing balance after volatility.
The structure looks calm not weak. Sellers failed to push lower again and ETH is forming a tight range which often comes before the next directional move.
As long as price holds above the 2920 to 2940 zone the market remains stable and ready for continuation.
No panic here. Just patience and positioning building quietly.
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$ETH is holding its ground.
After a sharp drop to the 2904 area buyers stepped in quickly and absorbed the sell pressure. On the 15 minute chart price is now consolidating around 2960 showing balance after volatility.
The structure looks calm not weak. Sellers failed to push lower again and ETH is forming a tight range which often comes before the next directional move.
As long as price holds above the 2920 to 2940 zone the market remains stable and ready for continuation.
No panic here. Just patience and positioning building quietly.
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