$ETH recently broke below support around $3,590, signaling short-term bearish momentum.

High selling volume accompanied the drop, reinforcing the strength of the breakdown.

Analysts are watching $3,565–$3,589 as a new lower trading range.

According to several forecasts, if $ETH stabilizes and reverses, it could target $3,750–$3,900 next.

On the upside, a decisive breakout above ~$3,200–$3,300 (resistance zone) could shift momentum bullish.

However, longer-term bull case scenarios still point to potential targets of $5,000+, especially if macro conditions and on-chain activity improve.#BTCVolatility #USJobsData #ETH #USStocksForecast2026 #CPIWatch

ETH

1,557.99

-2.63%

BTC

60,800.86

-0.13%