No Bid for ETH

Ethereum caught support at $2556, a level we have identified in the past. It is currently ranging between this and $2965, which appears to be a hard upper bound for now. Current prices are hovering roughly in the middle of the range for now, so we could either seek support at the lower bound or resistance at the upper bound. Expect strong resistance from $2965 and even stronger from $3000. It appears that ETH is still comfortable with the upper $2K handle and shows no sign of a curiosity for higher levels. The Kovach OBV is still pretty flat, and unless we catch a bid it will stay this way