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Ethereum trades near $2,260 after several weeks of recovery from its recent low near $1,745. The rebound brought cautious optimism across the market. However, technical indicators still point to a fragile structure.

The increasing frequency of address poisoning attacks on the Ethereum network has prompted Etherscan, a platform for equitable access to human-readable blockchain data, to educate crypto users about how to protect themselves from falling victim.

Ethereum continues to trade in a fragile consolidation phase after months of heavy selling pressure. The cryptocurrency lost significant ground after falling from roughly $3,400 to about $1,745 during a steep correction. Since that sharp decline, price activity has slowed and shifted into a narrow trading range.

Ethereum price today trades near $2,030, up 0.31%, as buyers hold the Bollinger Band midline at $2,029 on the 4-hour chart following two days of steady recovery from the March 9 lows near $1,920.

Ethereum continues to trade under pressure as market data highlights a prolonged correction following its historic rally. Traders now watch critical technical levels while derivatives activity and spot flows reveal changing investor sentiment. Consequently, the market faces a period of consolidation as participants evaluate whether Ethereum will stabilize or extend its downward trend.

Ethereum price today trades near $2,046, up 2.67%, as buyers push price back above the psychologically significant $2,000 level and hold inside a short-term ascending channel. The daily chart remains structurally bearish with all four EMAs positioned well above price, but the intraday recovery is gaining traction and derivatives positioning is shifting in favor of bulls.