$ETH The ETH market is expected to see increased volatility in the coming weeks. Most technical indicators are signaling continued cautious sentiment among investors and possible continuation of the sideways price movement unless there are significant external influences, such as regulatory changes or the introduction of new products, such as an Ethereum ETF.

Particular attention should be paid to the support and resistance levels: $2500 and $3000. In this range, marked with green and pink dotted lines, the ETH price is likely to fluctuate. The last growth cycle saw a clear bounce from the 0.618 Fibonacci level, confirming the importance of this corridor.

Most likely, the price will move up and down in the $2500 - $3000 corridor before deciding to break out. This 20% difference opens up opportunities to earn on volatility more than once. The optimal strategy is to set Take Profit at $2900 to ensure that you lock in your profit.