ETH: Narrow Range Sets Up Liquidity Grab

ETH is trading in such a narrow range around $2695.03 that a liquidity grab in either direction appears likely before any sustained move develops, according to trader Michaël van de Poppe.

Price sits just above the EMA50 at $2678.16 while the EMA200 at $2535.55 continues to anchor the broader bullish trend structure. With the MACD holding a golden cross at 1.83 and RSI at 51.76 showing neutral momentum, ETH remains inside the Bollinger Bands between $2652.06 support and $2720.39 resistance, leaving room for a quick sweep of stops before continuation. This setup aligns with ongoing ETH price prediction discussions as traders monitor for volatility expansion in the current macro environment.