Ethereum Stuck Between Support and Resistance as Lean Roadmap Shifts Attention

Ethereum's price has been hovering around $1,764, caught between strong support at $1,700 and resistance near $1,800. This volatility is keeping traders on edge as they watch critical liquidity zones that can trigger sudden price moves.

The Ethereum co-founder Vitalik Buterin recently unveiled the Lean Ethereum roadmap, focusing on long-term improvements like quantum resistance and scalability. This shift in attention towards future technical advancements might distract from short-term price swings.

Ethereum's near-term outlook depends on holding key levels before targeting higher prices around $1,900 to $2,000. Meanwhile, the crypto market remains bearish, with Bitcoin down 14% and Ethereum 26.6% in Q2.