$ETH is at a critical long-term zone right now.
Price has dropped back into a major demand area that has historically acted as strong support. At the same time, ETH is still respecting the ascending trendline that’s been intact for years.
This zone is where smart money usually starts paying attention.
If support holds, the next move could be a strong bounce back toward the range highs.
If it fails, volatility will expand fast.
ETH isn’t weak — it’s being tested.
And these tests often decide the next big trend.