ETH Isn’t Breaking Yet — It’s Compressing Power Inside the RangeETH/USD – 1H Quick Analysis
Ethereum is trading inside a clearly defined sideways range, with price repeatedly rejecting the upper resistance zone (~3,000–3,020) while holding above the support zone (~2,780–2,820). The sharp sell-offs inside the box have been fully absorbed, followed by aggressive rebounds — a classic sign of range accumulation, not distribution.
The recent push back toward resistance shows buyers are still active, but lack of acceptance above resistance confirms sellers remain in control at the highs. As long as ETH stays inside this range, price is likely to continue rotating between support and resistance, building liquidity on both sides.
Key Levels
Resistance: 3,000–3,020
Support: 2,780–2,820
Outlook
Acceptance above resistance → expansion toward 3,080–3,120
Rejection → continuation of range rotation
Bottom Line
This is a wait-for-break structure.
The real move starts only when ETH leaves the range with conviction.
