#Ethereum moves within same range. Since last review touched the top, got rejected and pulled back to the middle. If the middle will be lost we should expect $ETH to return back to the bottom.
Ranges have very few very understandable rules:
1) Range remain range until broken.
2) Trade only range bottom and top. Do not enter trades in the middle as you'll be chopped away.
3) The more times range border is tested the weaker it becomes. That is a general rule for all SR levels.
Since ETF trading won't start anywhere soon, #ETH will be shaking off weak hands and move within the range till anything happen. Like stock crash or pump, caused by war escalation or peace treaty. Whatever. My idea is that crypto fundamentals are on pause and market is easier influenced by outside events.
P.S. Don't forget about higher timeframe range. Its also bullish, but with middle around 3400
