ETH is not just a currency — it’s fuel for smart contracts, DeFi, and NFTs, which keeps real economic usage. 

Supply behavior:

• After ETH’s shift to Proof-of-Stake, issuance dropped significantly, and burning via fees can occasionally make supply deflationary. 

Those structures support a bullish long-term view if usage continues to grow.

Resistance Zone

───────────────────── $3,300–$3,650

▲

│

│ Range resistance

│ ○──────────────○

Price │ | |

(USD) │ | ETH price |

│ | moving in |

│ | this range |

│ ○──────────────○

Support │ ~$2,900–$3,100

─────────────────────────────────────────

Time → (recent days/weeks)