Bullish signs:
$ETH ETH bounced off key support zones and technical levels, keeping broader uptrend intact.
Some derivatives traders flipped bullish, suggesting buyer dominance returning.
Institutional forecasts remain very optimistic long-term (multi‑year rally potential).
Neutral / mixed trend:
Price is trading in a tight range, with momentum mixed and volatility low — a setup that often precedes a bigger directional move.
ETH’s performance still slightly lagging Bitcoin, and retail selling pressure has tempered upside.
Risks:
The short‑term structure still leaves room for deeper pullbacks if key supports fail.
📊 What traders are watching;
Critical support levels: around current range (around ~$3,000)
Resistance to break: above recent highs to confirm continued rally
Market catalysts: ETF flows, institutional buying, macro news
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