Ethereum Price Analysis: Vital Support or Value Trap? Decoding ETH’s Next Big Move

Ethereum remains in a broader corrective phase, trading below key moving averages and inside a well-defined descending structure. While short-term stabilization is visible near support, the higher-timeframe trend still favors sellers unless major resistance levels are reclaimed with strong momentum. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH continues to respect a descending channel, consist…