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$ETH Update
Ethereum continues to disappoint.
Price is at $2,150 and still grinding below the $2,400 resistance zone that has rejected it multiple times now.
The macro trendline at $1,800 is still holding as the last real floor and I am watching that closely.
What bothers me most is the volume. It dried up completely after the February spike.
There is no conviction on either side right now.
The EMA 200 at $2,787 feels like a completely different universe from where ETH is trading.
I need to see a clean break of $2,400 with volume before I change my view here.