Ethereum is trading in a tight range around $2,116, with recent price action showing little conviction in either direction. Over the last 24 hours, ETH has slipped slightly by about 0.2%, while the broader trend remains weaker. It has declined by about 9.2% over the past 14 days, and by close to 8.7% over the past 30 days. Notably, the cryptocurrency is trading far from its all-time peak of nearly $4,946, a drop of more than 57%. Price action over the past several weeks has remained mostly sideways between approximately $2,025 and $2,151, showing that momentum has not yet shifted decisively in either direction.
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