$ETH is currently consolidating near $2,292, trading in a narrow range between $2,280 and $2,445 on the 4-hour chart. The market shows neutral momentum, with indicators like RSI and MACD suggesting indecision.
🔍 Key Points:
Support zone: $2,280–$2,300 — holding for now.
Resistance zone: $2,445–$2,480 — needs breakout for bullish confirmation.
Indicators: RSI near 45, MACD shows weak bearish pressure, Bollinger Bands are tight — signaling a possible upcoming move.
📈 Scenarios:
Bullish: Break above $2,445 could push ETH toward $2,550–$2,600
Bearish: Drop below $2,280 may lead to a decline toward $2,230–$2,200.
✅ Conclusion:
$ETH is in a decision phase on the 4H chart. A breakout above $2,445 can trigger fresh upside, while failure to hold $2,280 may invite further correction. Traders should wait for clear confirmation before entering major positions.