
ETH Analysis (4H) CMP: ~$1,989 Support: $1,978 Resistance: $2,109 ETH is clearly moving sideways in a defined range. Price is stuck between $1,978 support and $2,109 resistance with no clean higher highs or lower lows — pure consolidation phase. Momentum has cooled off after the prior volatility spike, and volume is tapering, which supports the range-bound behavior. As long as ETH holds above $1,978, downside remains limited. A breakout above $2,109 would shift short-term structure bullish toward $2,240. A breakdown below $1,978 opens room toward $1,847. Right now, it’s a range-trader’s market — wait for expansion before positioning aggressively. Bias: Neutral until range breaks. $ETH
