Ethereum (ETH) is currently trading above its point of control (POC) at $2,063.23, within the $1,836.70–$2,390.43 range that has seen 50% of its trading volume over the past six months. This positioning suggests that the POC has shifted from a cost line to a psychological support level, maintaining a short-term bullish outlook. A breach below the POC on increased volume could negate this bullish advantage.