Yigit Taha OZTURK 
While volatility continues across the crypto market, some assets remain indecisive. Leading altcoin Ethereum is still trading sideways, holding investors in anticipation of a decisive move.
Resistance Still Holds Firm
The previously identified resistance zone remains intact. Ethereum is currently testing this level, yet no clear breakout has occurred. If the price manages to breach this zone with strong volume, a rally toward $3,500 could be on the table. For now, however, there’s no confirmed signal suggesting this move is imminent.
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This resistance level stands as a significant barrier. A breakout above it could shift market sentiment in a more bullish direction.
Watch This Zone On Pullbacks
In case of a pullback, the nearest and most relevant support area lies between $2,801 and $2,618. This range has historically acted as a strong reaction point, and it’s expected to continue serving as a key support. Buyers could step in if the price approaches this area.
Ethereum Consolidation Persists
The current picture shows continued consolidation for Ethereum. Neither buyers nor sellers have gained the upper hand. Until a clear direction is established, traders are advised to monitor technical levels closely and stay patient.
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