ETH Is Holding the Line —Consolidation Before the Expansion Move

ETHUSD (H1) — MARKET ANALYSIS\n1. Market Structure \nEthereum has successfully reversed the previous downtrend after breaking the descending trendline and reclaiming structure above the key support zone (~2,760–2,800). Since that breakout, price has transitioned into a range-to-accumulation structure, forming higher lows and holding above the mid-range equilibrium.\n\nThis is no longer a corrective bounce it is trend repair in progress.\n\n 2. Price Action & Behaviour \nStrong impulsive leg from the support zone confirms aggressive demand entry.\nCurrent price is consolidating around 3,000–3,040, showing acceptance rather than rejection.\nPullbacks are shallow and controlled → no panic selling, supply is being absorbed.\nThis type of sideways price action after an impulse typically precedes continuation, not reversal.\n\n 3. Key Zones \nMajor Support Zone: 2,760 – 2,800\n→ Structural base; as long as price holds above, bullish bias remains valid.\nMid-Range Acceptance: 2,980 – 3,020\n→ Holding above this zone keeps momentum intact.\nResistance Zone: 3,150 – 3,170\n→ Liquidity target and decision zone for the next expansion.\nInvalidation: Clean H1 close back below 2,900.\n\n4. Primary Scenario (Preferred)\nShort-term pullback / consolidation above 3,000\nHigher low formation\nExpansion toward 3,100 → 3,160 resistance zone\nIf resistance is absorbed, continuation toward higher highs follows.\nThe projected path on the chart reflects this logic: pullback → continuation → breakout attempt.\n\n5. Alternative Scenario (Lower Probability)\nFailure to hold 3,000\nDeeper pullback toward 2,920–2,950\nStill considered re-accumulation, unless support is decisively broken.\n\nConclusion\nETH is not topping it is building energy above reclaimed structure. The market is respecting support, absorbing supply, and compressing volatility beneath resistance. This behavior strongly favors an upside continuation, not a reversal.\n\nPatience here is key the move is being prepared, not rushed.