$ETH ¿Accumulation or Distribution?
The price of ETH is "stable" because it is trapped in a very narrow range between the support of $3,820 and the resistance of $3,880. This calm is interpreted as a consolidation phase that precedes a volatile movement.
The trading volume is low, which is normal in a consolidation. The definitive signal to know the next direction (bullish or bearish) will be a breakout of this range accompanied by a massive spike in volume.
The professional strategy is not to trade while the price remains within this range ("no man's land"). Instead, one should be patient and wait for the market to confirm the direction with a clear breakout and volume, and only then make a decision.
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