$ETH has been trading in a range recently, showing strength around key support levels near $3,200 – $3,400. Bulls are defending this zone, while resistance sits around $3,800 – $4,000. A clean break above this could signal renewed upside momentum.
📌 Market Sentiment:
Positive developments like Layer‑2 adoption, growth in staking participation, and institutional interest continue to support the narrative for ETH long‑term. However, short‑term volatility remains tied to overall crypto market risk appetite and macroeconomic news.
📌 Technical Levels to Watch:
Support: $3,200 – $3,400
Resistance: $3,800 – $4,000
A decisive push above resistance could target the next psychological zone near $4,500+, while failure might lead to consolidation back toward support.
📌 Outlook:
Overall sentiment remains bullish to neutral, with buyers needing conviction above resistance for clearer upward trends. Daily and weekly indicators suggest range‑bound movement for now.
Bitcoin is trading around $85K – $90K, showing sideways movement as buyers and sellers battle at key levels. $BTC is finding resistance near $88,700 – $90,000, and if it clears that zone, it could push higher again. However, failure to break up could see prices test support as low as $80K in the short term. Longer-term sentiment is mixed: some analysts see potential for renewed rallies toward $100K+ if institutional demand and ETF inflows continue, while others warn of deeper pullbacks if selling pressure increases. Regulatory events and macroeconomic shifts are key risk factors affecting Bitcoin’s near-term performance. Crypto2Community+2Crypto2Community+2