Yigit Taha OZTURK 
The crypto market remains in a tight range, with investors closely watching whether this calm will give way to a sharp move. One of the most closely watched assets right now is Ethereum, which continues to consolidate at a key support zone.
ETH Accumulates Around Support Area
According to our previous analysis, ETH remains in a state of consolidation around a major support level. For now, the support holds, and the price action suggests continued accumulation in this area.
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If this support zone is broken to the downside, we could see Ethereum retrace towards the $2,300 region. Such a move would reflect increased bearish momentum and a likely pullback scenario for the short term.
Upside Resistance Still at $2,550
On the flip side, the first major resistance level remains at $2,550. A confirmed breakout above this price could bring in stronger buying pressure, potentially leading to a more bullish trend for ETH.
Traders should closely monitor both support and resistance zones, as any break could signal the start of a significant price move.
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