$ETH has pushed above its descending trendline and regained its short-term structure after bouncing strongly from the $1,880–$1,920 demand zone. This move suggests momentum is starting to shift in favor of the bulls.

Right now, price is consolidating just below the $2,150 resistance level, which is the key area to watch in the short term. If ETH manages to break above $2,150 and hold that level, it could open the door for a move toward the $2,300–$2,470 range. On the other hand, if price gets rejected here, a pullback toward the $2,000 level is possible.

For now, the short-term outlook remains bullish as long as ETH stays above the reclaimed structure and the previous demand zone. 📈

to do your own research (DYOR).

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