Ethereum is trading above the $1,500 mark after a week of heightened volatility and continued global trade uncertainty.
Ethereum's Cost Basis Distribution reveals three key price clusters likely to shape short-term action, with the $1,546 level standing out as the most significant.
Ethereum's outlook remains cautiously neutral, with bulls needing to reclaim higher levels to shift sentiment and challenge the broader downtrend.
Ethereum must push above the 4-hour 200 MA and EMA, both hovering around $1,820, to confirm the start of a recovery phase.