Ethereum is showing signs of strength after a 14% weekly gain, but remains stuck below the key $1,900 level. Technicals are sending mixed signals: the BBTrend indicator has cooled from 11.83 to 8.77, hinting at fading momentum — yet still holding a bullish tone.
Meanwhile, whale wallets (1,000–10,000 ETH) have stabilized at 5,458 holders, suggesting neither aggressive buying nor dumping. This could signal a consolidation phase — a pause before Ethereum makes its next big move.
Eyes now turn to the $1,828 resistance. A breakout could fuel a rally toward $1,954 and even $2,104. But failure could send ETH down to test $1,749 or lower.
Range-bound for now, but pressure is building. What’s your bet — breakout or breakdown?
