#DeepCreationCamp Ethereum ($ETH) is currently trading within a structured consolidation phase after experiencing a strong impulsive rally earlier this year. The broader trend on the weekly timeframe remains bullish, as price continues to print higher highs and higher lows. However, on the daily timeframe, ETH is facing resistance near a major supply zone where sellers have previously stepped in, creating short-term pressure.
Technically, ETH is holding above its 100-day moving average, which is acting as dynamic support. The 50-day moving average is gradually sloping upward, indicating sustai