$ETH CURRENT SITUATION!
ETH is currently trading at around $1,764, holding just above a key support zone after a notable drop. As mentioned earlier, a healthy retracement was expected, and it played out just as predicted. The price action shows a series of lower highs, indicating selling pressure still lingers. Despite the support holding, the presence of profit-takers and short-term sellers has kept bullish momentum in check. The market is in a wait-and-watch phase right now, consolidating within a tight range. However, it’s only a matter of time before bulls step back in—likely triggered by a bounce or a break above resistance. If buyers reclaim control, we could see ETH retesting previous highs or even pushing toward $1,800 again.
