$ETH ETH

The recent consolidation in $ETH price action is catching the attention of both short-term traders and long-term investors. As Ethereum continues to defend key support near the $3,600 level, many are watching closely for a potential breakout that could retest previous highs. With institutional interest growing and layer 2 adoption expanding, the fundamentals remain strong. Staking dynamics also continue to shift supply pressure off exchanges, which may support upward momentum in the coming sessions. The upcoming Fed commentary and broader crypto sentiment will play a role, but Ethereum is clearly positioning itself as a key player in the next market phase.