Ethereum
Long

1W ETH Update: Back in the dreaded range

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ETH update – back inside the range

Ethereum has now reclaimed the range on the weekly, and that’s the key takeaway here.

After the downside reaction, price has rotated back above prior range support, and this week’s candle confirms acceptance rather than a quick rejection. That’s exactly what you want to see after a shakeout.

What stands out:
• ETH is back trading within the established HTF range
• The reclaim around the mid-range held
• Weekly structure remains intact
• This move invalidates immediate breakdown risk

This reinforces the idea that the recent selloff was a liquidity sweep and positioning reset, not a structural failure. As long as ETH holds inside this range, the path of least resistance is continued chop with an upside bias, not trend reversal.

Range rules apply again:
Below support → reassess
Inside range → patience
Acceptance toward range highs → expansion potential

ETH did the hard part by getting back inside. Now it’s about continuation and confirmation.

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