#CelebratingNewYearOnGateSquare Ethereum ($ETH) is currently consolidating after a strong impulsive move, forming a tightening range on the 4H and daily timeframes. Price action shows higher lows being defended, indicating buyers are still active despite short-term pullbacks. Momentum indicators suggest neutral-to-bullish bias as long as key support holds.
On the daily chart, ETH is trading above its mid-term moving averages, which are acting as dynamic support. Volume has slightly decreased during consolidation, typically a sign that the market is preparing for a breakout. A decisive move abo