Today's crypto market trading is subdued, with Ethereum consolidating in a narrow range of $2,070-$2,100. According to market data, ETH is currently trading around $2,080, up 0.19% in 24 hours. Bitcoin is consolidating near $71,200 in tandem.
From a technical perspective, analysts point out that ETH has formed a series of "lower highs" bearish structure on the 1-hour chart, currently testing the key resistance zone of $2,110-$2,120. If unable to break through and hold firmly in this area, price may retest the $2,000-$1,940 liquidity zone; conversely, a breakout could open the door to levels of
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