MARKET UPDATE: $ETH
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$ETH on the 4H timeframe is trading around $1,950, bouncing from the ascending support near $1,820–$1,840. Price remains compressed between that rising trendline and the descending resistance coming from the $2,150–$2,180 region, keeping structure in a tightening range.
As long as ETH holds above $1,820, short-term structure remains intact and supports broader altcoin stability. A breakdown below $1,800 would weaken momentum and likely trigger renewed pressure across mid and low caps. Reclaiming $2,000–$2,050 would be the first sign of strength returning, with room toward the upper trendline near $2,150+.
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