Ethereum is seeing sideways price action as it remains inside the $1,300-1,325 channel. A break of $1,325 is a very bullish sign at this point. We've love to see volume, but it's not as critical. A breakout with volume has less of a chance of being a false breakout though and we'll see much greater gains to the upside.
Support is at $1,300, $1,292 and $1,281 on the floor. These are all levels in the consolidation, so a break is definitely bearish and we'd see prices slip to the downside further.
The rest of the markets seem to be slowing as well, so I'm expecting a day or two of consolidation across the board before the next major movements.
Happy trading!