#MarketPullback
The price of Ethereum has stabilized, ranging between approximately $1783 and $1841. The change was slight, indicating a relative balance between buying and selling in the market. The trading volume reached nearly $10.14 billion, and the market cap remained around $220.6 billion.
From a technical perspective, the relative strength index remains above the neutral level, reflecting pressure from both sides. The 50-day moving average provides strong resistance, making short-term upward movement a bit difficult. The market shows signs of anticipation, and investors are waiting for indicators to determine the upcoming trend.
