Ethereum traders have placed significant buy orders totaling $131 million as the cryptocurrency approaches the lower boundary of its one-month value zone. The net buy volume stands at $75.9 million, indicating active positioning by major players at this critical level. Traders are focusing on the $2,280 level, with a support zone identified between $2,275 and $2,260, where concentrated buy orders may serve as a key absorption area. The primary resistance level is noted at $2,300. Market participants should monitor the placement, cancellation, and execution of these buy orders closely, as price volatility is expected to increase around the release of the Consumer Price Index (CPI) data. This strategic positioning by major players suggests potential price action patterns of initial declines followed by rebounds.