$ETH Ethereum has seen a slight correction today after failing to break decisively above the $3,800 resistance. This consolidation phase is a natural part of a healthy uptrend, allowing the market to cool off and build a stronger base before potentially attempting higher levels. Bears are attempting to push the price down to test stronger support, while bulls are looking to defend current levels.

Key Catalysts & Outlook:

The market is currently in a state of tug-of-war. A bounce from the $3,600 - $3,650 support zone would indicate renewed buying interest and a potential retest of $3,800. A sustained break below $3,600 could signal a deeper pullback towards $3,500. The fundamental outlook remains strong due to upcoming network upgrades and growing adoption, but short-term price action will be dictated by how these key technical levels are defended or broken.

Here's an image reflecting Ethereum's current consolidation and the battle between buyers and sellers at key levels:

ETH

3,109.21

-1.90%

#USGovShutdownEnd? #IPOWave #CryptoScamSurge #CryptoScamSurge #TrumpTariffs