$ETH Ethereum is showing bullish momentum today, trading above $1,790 after breaking out of a recent consolidation range. Positive market sentiment and a broader crypto rally, led by Bitcoin, are supporting this upward move. ETH is currently within a bullish channel, with key resistance levels at $1,825 and $1,893. A sustained push above $1,800 could signal a run toward $2,000. However, despite today’s gains, ETH has seen a -13% decline over the past month, reflecting lingering bearish pressure in the medium term. Traders should remain alert, balancing short-term optimism with the potential for volatility and trend reversals.
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