ETH Grinding Higher… But Medium-Term Structure Still WeakEthereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisLower Highs Still in Play With Short-Term Higher Highs ETH continues to print a series of lower highs and lower lows. Even the recent push stalled below prior swing highs, keeping the broader structure tilted to the downside. Ascending Triangle Forming Price is now compressing into an ascending triangle. Higher lows are building, but they’re running into a clear horizontal resistance — pressure is building for a move. Resistance Needs to Break That $2,340–$2,350 area is key. Bulls need a clean break and hold above it to shift momentum and start invalidating the bearish structure. Support Just Below Trendline support and the $2,297 area sit just underneath. Lose that, and it opens the door for another move lower within the range. In Summary ETH is pushing up, but it still feels corrective rather than strong. The structure remains weak with lower highs intact, even as price grinds higher into resistance. This ascending triangle is tightening things up, so a move is coming soon. A break above resistance would be a positive shift, but failure here likely sends price back down. For now, it’s a waiting game — watch the breakout, because that will likely set the next direction.