According to Trader Tardigrade, Ethereum (ETH) is experiencing its first consolidation phase on the weekly chart (W1) following a robust recovery in the Impulsive Waves C pattern (source: @TATrader_Alan, June 18, 2025). This consolidation signals a potential shift in momentum for ETH/USD, with traders closely watching support and resistance levels to identify breakout opportunities. The current phase may present swing trading setups as volatility compresses, making it crucial for crypto traders to monitor volume and price action for the next decisive move. Historically, such consolidations after impulsive rallies can lead to significant market moves, impacting both short-term and long-term trading strategies in the broader cryptocurrency market.