$ETH
ETH Analysis
📌 **Current Price:** Ethereum is trading around **$2,400–$2,450** zone amid mixed sentiment.
📉 **Short-Term Trend:** Price action shows weakness with recent pullbacks and some bearish pressure still present. ([BeInCrypto][1])
🛑 **Immediate Support:** Strong support lies near **$2,690**, and a break below could open deeper downside toward **$2,100–$2,200**. ([BeInCrypto][1])
📈 **Resistance Levels:** Key upside barriers are around **$3,000–$3,300**, reclaiming which would increase bullish confidence. ([BeInCrypto][1])
📊 **Momentum:** On-chain and technical signals are mixed — some indicators suggest room to bounce, but conviction remains weak. ([BeInCrypto][1])
📉 **Bearish Risk:** Continued selling pressure or broader crypto weakness could push ETH lower before any meaningful recovery. ([BeInCrypto][1])
📈 **Bullish Potential:** If ETH holds key support and breaks above **$3,000**, medium-term upward momentum could resume. ([BeInCrypto][1])
💡 **Summary:** **Short-term trend is cautious/bearish to neutral**, but breaking major resistance zones could reignite bullish sentiment. ([BeInCrypto][1])