The price of Ethereum is witnessing a positive movement in the last hours, as it is currently trading near 2059$ after a clear rebound from the nearby support area at $2046. This rebound reflects strong demand from buyers at lower levels, indicating the market's attempt to regain upward momentum in the short term.

Technically, the price is now approaching an important resistance area around $2065. If the price manages to break through this level and hold above it, we may see an extension of the upward movement towards 2080$ then $2100. If the breakout fails, the price may retreat to re-test support areas between 2050$ and $2045.

Overall, the short-term trend remains in a state of fluctuation with a bullish bias, while traders await confirmation of the breakout or rejection at current resistance levels to determine the next movement.

📊 Summary:

Support: $2045

Resistance: $2065

Breaking the resistance could push the price towards $2080+