Observing the price movement of Ethereum, it can be found that after experiencing a significant fall and completing a recovery, it usually enters a period of range-bound consolidation. From the current technical perspective, if the price can pull back to around 2490 and form an effective rebound, it will further validate the continuity of the current consolidation pattern. Before the overall market achieves a clear directional breakthrough or breaks through important support, investors should focus on the price range of 2490-2580 on the 15-minute time frame as an important reference for short-term trading decisions. This consolidation period is both a necessary stage for digesting market sentiment and a way to accumulate energy for the next round of movement.

ETH0,38%
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