Over the past 24 hours, ETH/USDT has displayed a range-bound pattern with a minor bounce from local lows. Though not overly volatile, this sideways movement could be the calm before a directional breakout.
⚙️ Key Observations:
📉 ETH dipped near $3,350 but held strong.
💹 Minor recovery shows buyers defending key levels.
⛓️ On-chain data shows ETH staking rising again.
🐳 Whale accumulation is steady but cautious.
📌 Market Sentiment
Investors are waiting for a trigger—possibly a macro event or ETF news—to push ETH into a more decisive trend.
> "Consolidation is preparation. ETH rarely stays quiet for long." – Crypto Strategist