📌 Current Price Action:

$ETH has been trading in a range recently, showing strength around key support levels near $3,200 – $3,400. Bulls are defending this zone, while resistance sits around $3,800 – $4,000. A clean break above this could signal renewed upside momentum.

📌 Market Sentiment:

Positive developments like Layer‑2 adoption, growth in staking participation, and institutional interest continue to support the narrative for ETH long‑term. However, short‑term volatility remains tied to overall crypto market risk appetite and macroeconomic news.

📌 Technical Levels to Watch:

Support: $3,200 – $3,400

Resistance: $3,800 – $4,000

A decisive push above resistance could target the next psychological zone near $4,500+, while failure might lead to consolidation back toward support.

📌 Outlook:

Overall sentiment remains bullish to neutral, with buyers needing conviction above resistance for clearer upward trends. Daily and weekly indicators suggest range‑bound movement for now.

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