Ethereum Price Outlook: ETH Trades in Tight Triangle Between $1,800 Support and $2,600 Resistance

Ethereum is fluctuating between the $1,800–$1,850 demand zone and the $2,500–$2,600 dynamic resistance, with price action compressing inside a tightening triangle pattern. The daily and 4-hour charts show corrective bullish retracements and converging trendlines that point to an approaching decisive move toward either $2,300–$2,400 on a breakout or a retest of $1,800 on a breakdown. On-chain sentiment via the Coinbase Premium Index remains mostly negative but has rebounded, hinting that selling pressure from US investors may be easing and could support a recovery if a technical breakout occurs.