• ETH bounced from $2,150, with intraday low around $2,111
•On a daily chart, ETH remains within a falling bearish channel, with resistance near $2,495 and strong support near $2,150. Breaking below $2,065 could lead to lower targets under $1,600
•Near-term (as per Bitget analysis), ETH consolidation range: $3,590–$3,624 (20/50 EMAs), 100 EMA at $3,576, and 200 EMA support around $3,360
•Any upside ahead is capped by the $3,720–$3,735 distribution zone, which has rejected rallies recently