$ETH Currently:** ETH is trading around **1580-1590 USD**.

**Status:** ETH shows some signs of consolidation after previous declines, but it is still under resistance pressure near 1600 USD. There is cautious anticipation in the market.

**Forecast:** The upcoming trend depends on ETH's ability to break through resistance or slide towards lower support levels. Analysts believe that the movement will depend on overall market sentiment and network developments.