$ETH
š§ Ethereum's Short-Term Momentum: Precision in Every Candle
ETH is dancing in tight formation, holding near $3,793 with visible consolidation signs after touching a high of $3,821. The 15-minute chart shows:
Range Bound: ETH is bouncing between $3,778ā$3,821, a classic short-term channel
Volume: Strong interest with 113.85K ETH traded, suggesting liquidity is robust
Buy/Sell Spread: Minimal at ~$0.01 between bids and asks, showing high efficiency and demand
Price Action: Slight dip after local high, but support around $3,778 remains intact
š Quick Take:
āEthereum isnāt rushing ā itās refining. The tight 15-minute candles and balanced spread show traders are watching every move. Consolidation at the top means one thing: ETH might be winding up for the next leg.ā
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