Ethereum Is Compressing — A Volatility Expansion Ethereum / U.S. dollarBITSTAMP:ETHUSDGold_DominatorETHEREUM (ETH/USD) – 4H MARKET ANALYSIS Market Structure Overview - Ethereum is currently trading inside a clear range-bound structure on the H4 timeframe. - Price is being capped by a strong resistance zone around 3,030–3,080, where previous impulsive moves were aggressively sold. - On the downside, buyers are consistently defending the support zone around 2,880–2,920, forming repeated higher reactions. - This behavior confirms compression and volatility contraction, often preceding an expansion phase. Key Observations Multiple rejections at resistance show supply dominance above, but sellers are failing to push price below support → signs of absorption. The repeated zig-zag price action inside the range indicates liquidity building, not trend continuation yet. Volume has decreased compared to the impulsive legs → typical of pre-breakout accumulation. Scenarios to Watch Bullish Scenario (Preferred): A clean break and acceptance above the resistance zone (~3,080) could trigger a strong upside expansion toward the 3,200+ area. This would confirm that the range was accumulation. Bearish Risk: If price decisively loses the support zone (~2,880), ETH could enter a deeper corrective leg toward lower demand. As long as support holds, this remains a lower-probability scenario. Trading Bias Neutral-to-bullish while price holds above support. Best approach: wait for confirmation either a breakout with volume or a strong reaction from support. Avoid chasing moves inside the middle of the range. Conclusion ETH is in a classic range compression phase. The market is preparing, not moving yet. Patience is key the next clean breakout will likely define the next multi-session trend.