ETH now ranges between $4,265 and $4,518, trading in consolidation as investors balance on-chain data and macro risks. A decisive breakout could define the next directional move.
Despite the recent spike in Bitcoin prices, the crypto-world remains tentative, with Bitcoin trading range-bound, and altcoins continuing to dip lower. The absence of fresh capital has added to bearish sentiment and kept many traders and investors on the sidelines.