$ETH Ethereum (ETH) is showing signs of consolidation as it hovers around key resistance levels. Investors are closely watching for a breakout, especially with increased institutional interest and anticipation of spot Ethereum ETF approvals. On-chain metrics suggest accumulation by long-term holders, which may support a bullish move. However, macroeconomic factors like U.S. inflation data and regulatory developments could cause volatility. A break above the $3,200–$3,400 range could trigger further upside, while failure to hold support around $2,800 might signal a short-term pullback. Overall, ETH's next move will likely depend on both market sentiment and broader crypto adoption signals. Are you trading ETH?