$ETH Ethereum at $1,810: Real momentum or a pause before the correction?

Ethereum is trading at $1,810 with stable volumes around $10 billion, showing cautious optimism after weeks of sideways movement.

📈 On the technical side, $ETH formed a bullish engulfing pattern on the weekly chart and confirmed a bullish crossover on the moving averages, both signaling potential for further upside.

🔍 On-chain activity supports the movement: active addresses have increased by 12%, and ETH staking deposits continue to rise, showing that investors prefer to hold rather than sell.

📊 Sentiment is rising. The Fear and Greed Index reads 60 (“Greed”), suggesting confidence but also warning of a possible overheating if buyers wane.

🚀 A breakout above $1,850 would likely push ETH towards the $2,000 zone, especially if volume remains strong and Bitcoin stays stable.

⏳ Failing to surpass $1,850 could trap the momentum and lead to consolidation between $1,750–$1,850.

⚠️ A drop below $1,750 would shift the short-term outlook to bearish, opening the way towards $1,700.

🧠 At this moment, ETH maintains a clean bullish structure supported by network growth, but the next move entirely depends on the conviction of buyers at key levels.

Ethereum is close to a breakout, but patience and risk management remain key.