币界网报道:Ethereum's price remains indecisive near $1,600 as traders await clearer market signals. Despite recent volatility, ETH has held above key support levels, with analysts noting strong buying interest around $1,550. The asset faces resistance near $1,650, a critical level that could determine its next major move. Market sentiment remains mixed, with some expecting a bullish breakout if Ethereum maintains its current consolidation pattern. Meanwhile, network activity shows steady growth, with rising DeFi and NFT transactions supporting long-term fundamentals. Traders are closely watching macroeconomic factors and Bitcoin's performance for directional cues.