$ETHFI is showing steady strength in the market, holding firm at the 1.000 mark after touching a recent high of 1.050. This move reflects a healthy bounce from the 24-hour low of 0.966, signaling that buyers are still defending key support levels.
Over the past sessions, the chart shows a pattern of consistent attempts to break above the 1.03 resistance, proving that market sentiment remains cautiously optimistic.
The volume around 14 million indicates active participation, which adds weight to the ongoing price movements.
After a brief pullback, $ETHFI is now consolidating, hinting that the next move could be decisive.
If momentum continues, a retest of the 1.05 zone could come soon, opening the door for a stronger push toward higher levels. However, if selling pressure increases, 0.97 and 0.95 could act as short-term supports.
Overall, ETHFI is standing in a zone of balance between bulls and bears, and traders are watching closely for the next breakout moment. The way price reacts around the 1.000 level in the next few hours could define the next direction of this DeFi asset’s trend.
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