$ETH is trading around ~$2,938, showing modest movement with slight short-term volatility. On a weekly basis, ETH has shown some gains, outperforming a few altcoins recently, but daily price action is still mixed. �
Coinbase
📈 Bullish Signals
• Large investors are withdrawing ETH from exchanges, which can tighten supply and support price rises. �
• Technical support around key on-chain levels (~$2,770–$2,800) has helped ETH stabilize. �
CoinMarketCap
CoinMarketCap
📉 Bearish Pressures
• Technical indicators show some resistance near recent highs, and momentum is not decisively bullish. �
• Holding above the $3,000 zone is currently important — a drop below this could lead to stronger selling pressure. �
CoinMarketCap
CoinMarketCap
📌 Short-Term Outlook
Ethereum’s trend is neutral to mildly bullish today, with key levels to watch:
Support: ~$2,770–$2,800
Resistance: ~$3,200 and above for upside continuation
If ETH breaks above resistance with volume, a move toward higher short-term targets could follow. However, failure to hold support may lead to consolidation or a pullback before the next trend shift.
