$ETH is currently trading near the $3,100 area, showing consolidation after a recent pullback. Price is holding above the key $3,000 support, which keeps the overall structure slightly bullish.
Support: $3,000 - $3,050
Resistance: $3,250 - $3,400
If $ETH breaks above $3,250, it could move toward $3,500+ in the short term.
If it drops below $3,000, a deeper correction toward $2,800 is possible.
Trend Outlook:
Short term: Neutral to mildly bullish
Medium term: Bullish as long as $3,000 holds
$ETH is in a wait-and-see phase, building strength for the next big move.
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