- Ethereum has been ranging for over two weeks—a breakout could be near
- M30 supply zone and M15 demand zone are key areas to watch
- Patience is key—waiting for confirmation prevents bad trades
Ethereum has been consolidating for over two weeks on the H4 timeframe, building up pressure on both sides. The big question is: where will it break next?
If we zoom into the M30 timeframe, there’s a key supply zone that previously triggered a price reaction after taking out key levels on the left. This suggests potential manipulation, making it a prime area for another reaction.
On the downside, the M15 demand zone stands out as an interesting level to monitor. If price revisits this area, we could see a strong bounce.
Ethereum Analysis: What’s Next for ETH?
Ethereum’s current range is a classic example of market indecision. Two weeks of sideways movement means that liquidity has been stacked on both ends, setting the stage for an inevitable breakout.
Key Levels to Watch:
M30 Supply Zone – A strong reaction is possible if Ethereum revisits this level.
M15 Demand Zone – A solid area for buyers to step in.
Patience is crucial. The next move could happen today, tomorrow, or next week—but rushing into a trade without confirmation is how retailers get trapped.
Final Thoughts
No one knows the market’s next move with 100% certainty. Price action can shift unpredictably, and the best approach is to react rather than predict. The levels outlined above are worth watching, but always wait for confirmation before taking action.
Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
