Ether is trading sideways, with volatility subdued as price action remains compressed between major support and resistance zones. The market is approaching a sensitive juncture, where either a recovery could unfold or further weakness may develop. On the daily timeframe, ETH remains within its long-standing ascending channel. After pulling back from the upper boundary near $4.9K, the price is now consolidating around the mid-range support. The bulls must regain momentum and drive price back toward the channel’s upper boundary to reassert control and target fresh highs.
Source: CryptoVizArt
More posts by this author, 2025-09-06; https://cryptopotato.com/ethereum-price-analysis-another-rejection-threatens-eths-bull-run/