$ETH #ETH

Ethereum is currently moving within a horizontal range between strong support levels near $2900 and resistance around $3200. After a strong rise in the first quarter of 2025, signs of volatility and weakness in momentum have begun to appear, indicating market indecision. Technical indicators such as RSI and MACD show a state of equilibrium without strong signals for buying or selling. Investors are waiting for a clear breakout to confirm the upcoming trend. Breaking the 3200 level could push the price towards 3500, while losing 2900 could bring the price back to 2600. The movement is also linked to Bitcoin's performance and regulatory news. The market is in a wait-and-see position, and cautious trading is currently prevailing