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Ethereum Morning Structure Observation
ETH is still trading within the range, with no breakout from the oscillation framework.
The resistance above remains near the previous dense trading zone. As long as there is no volume breakout, it should only be viewed as a rebound.
The support below is around the previous low. If the price tests this level without breaking below, the structure still belongs to oscillation and consolidation.
At this stage, the focus is not on predicting the direction but on patience at key levels.
Today, two points to watch closely:
① Whether the upward move is accompanied by volume
② Whether the pullback is with decreasing volume
Without volume support, the credibility of a breakout is low.
Do you think today will first test the upside, or will it first test the support level?
#ETH #以太坊 #行情分析 #结构观察 #Crypto Market Trends