ETH is trading at $2,050.61, down 0.34% over the past 24 hours within a tight $2,040-$2,082 range. The 15-minute trend remains bearish with normal volume, showing consistent selling pressure as price action stays compressed in the lower half of today's range. Recent closes reveal a gradual drift lower from $2,051+ levels, indicating weak bullish momentum and seller control.
Key support sits at $2,040 (today's low), while immediate resistance holds at $2,060-2,065 zone. A break below $2,040 could trigger further downside toward $2,020, while a reclaim above $2,065 would signal potential relief rally toward $2,080. Current bias leans bearish for scalps, but range-bound conditions favor patience until a clear directional break emerges.
