ETH - range first, expansion later ETH in USD terms is doing exactly what it should after a deep drawdown. Key observations: > Strong reclaim off the lows. > Now stuck in a wide range, rejecting highs but holding higher lows. > Price is hovering above a demand zone that keeps getting defended. My take: ETH doesn’t need to moon from here. It just needs to not break down. Time spent above this support builds energy. When ETH eventually clears that range high, it usually doesn’t give many second chances.(CyrilXBT)