Ethereum is currently trapped in a tight trading range between the 100-day moving average at $3.2K and resistance at $3.5K. This state of consolidation is coupled with increased volatility, suggesting that a breakout may occur soon. Analysts are closely monitoring this situation as a decisive movement could signal the start of a new trend. Investors must strategize accordingly, as current conditions present both risks and opportunities in the market. Keeping a keen eye on Ethereum’s momentum is key in the days ahead.