Ethereum Charts Higher Lows While Analysts Watch Compression

Ethereum continues to demonstrate resilience as it navigates a period of compression, with key resistance levels near $3,411 and $5,887 under scrutiny. Analysts are closely monitoring price action and volume zones for potential breakout signals. 1 2 While Ethereum remains below recent highs, its broader structure shows signs of strength. The market is characterized by higher lows as it holds strong support at around the $2,800 to $3,000 mark. Volume profiles suggest controlled trading activity with heavy activity near the $4,495 level and lighter activity below current price levels.