#DeepCreationCamp Ethereum is currently trading in a consolidation phase after a strong impulsive move on the higher time frames. Price action shows ETH respecting a key demand zone formed from previous breakout structure, suggesting buyers are still active on dips. The market structure on the daily chart remains cautiously bullish as long as higher lows continue to print.

On the 4H timeframe, ETH is moving within a tightening range, indicating volatility compression. Such compression often precedes a breakout. A decisive close above the recent resistance zone would likely trigger momentum toward the next liquidity pocket. If bulls manage to sustain volume above that level, continuation toward the previous swing high becomes probable. However, failure to break resistance may result in another retest of the lower support band.

From an indicator perspective, RSI is hovering near the neutral 50 level, reflecting equilibrium between buyers and sellers. A push above 60 would confirm strengthening bullish momentum. Meanwhile, MACD is flattening, hinting that a crossover could determine the next directional bias. Volume remains moderate, so traders should monitor for a spike accompanying any breakout.

On-chain sentiment and ETF-related optimism continue to support Ethereum’s broader narrative, particularly with growing institutional exposure and layer-2 ecosystem expansion. This strengthens long-term fundamentals despite short-term consolidation.

Key levels to watch:
• Immediate Resistance: Recent local high zone
• Major Resistance: Previous macro swing high
• Immediate Support: Range low / demand block
• Major Support: Daily higher-low structure$ETH ‌