Alright, team, checking in on $ETH here on the 1-hour.
Looks like we've been ranging pretty hard since the start of July, mostly between that $2400 and $2600 mark.
We saw a nice pump earlier this week, pushing past $2600, but couldn't hold it. Since then, it's been a gradual grind down, finding some support around $2500, but it's looking a bit weak at the moment.
Currently consolidating around $2550.
If we can hold this level, we might see another push towards $2600, but a break below $2500 could send us back to test that $2400 support zone.
Volume's been a bit low on these recent moves, so keep an eye on that for confirmation.
Stay sharp.