🚨 ETH Update | Market Watch

$ETH trading around $3,200–$3,350, facing selling pressure after recent rejection near highs.

📉 Short-term pullback after failing to hold above key resistance

📊 Trading below short-term moving averages → weakening momentum

📉 Market sentiment cautious amid broader crypto volatility

🔍 Market Signals:

• Consolidation phase with bearish bias

• Network activity stable but not strong enough to drive breakout

• ETF flows mixed → no clear institutional push

🔑 Key Levels:

Support: $3,100 / $2,950

Resistance: $3,400 / $3,600

⚡ Break above $3,400 could restart bullish momentum, while losing $3,100 may trigger deeper correction.

Stay alert. Market still indecisive

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