Usman Salis
Ethereum (ETH) has entered a consolidation phase following recent volatility. The price is stabilizing within a well-defined range, offering classic level-to-level trading setups. With sentiment cautious but constructive, ETH is displaying textbook range-bound behavior.
Key range structure
On the 4-hour timeframe, ETH has recovered from lows near $3,500 and is testing the mid-$4,200 area. Trader DD notes that Ethereum is behaving like a "range trader's paradise," with clear supply at the top and consistent demand at the bottom. The established band sits between $3,700 and $4,300, with significant liquidity at both boundaries.
Resistance around $4,280–$4,320 aligns with the visible point of control and previous supply levels, making a rejection likely on first test. The $3,750–$3,900 support zone has consistently attracted buyers, though a break below would expose liquidity near $3,600–$3,650. Volume analysis shows strong activity clusters with quick moves through thin zones around $4,150–$4,250.
Trading approach
Range traders can sell ETH near $4,300 and buy near $3,800, targeting mid-range pivots around $4,150. A sustained hold above $4,320 could open moves toward $4,500–$4,700, while a breakdown below $3,700 would likely retest the $3,550 zone.
Dollar strength, interest rates, and risk sentiment will influence this range's stability. Bitcoin's behavior at key levels remains a leading indicator, while derivatives positioning will show whether the market is ready to break out or stay sideways.
Usman Salis
