ETH is trading with cautious momentum as buyers defend key support zones.
Short-term structure shows consolidation after recent volatility spikes.
If bulls hold above immediate support, upside continuation toward the next resistance is possible.
A breakout above resistance could trigger fresh long interest in futures markets.
On the downside, losing support may open the door for a deeper corrective move.
Funding rates remain relatively balanced, showing no extreme leverage buildup.
Open interest suggests traders are positioning for a potential breakout move.
BTC correlation continues to influence overall ETH futures direction.
Scalping opportunities remain high due to intraday price swings.
Risk management is crucial as volatility can expand quickly in the current market environment.#ETH $ETH
