Ethereum is under pressure!
The price fluctuated from $2,790 to $3,063.
Currently — around $2,841, below the key level of $3,000.
Technically — a descending channel.
Resistance $3,170 has not been broken.
Moving averages are above the price, RSI and MACD show weakness.
Fundamentally — news about Blackrock ETF does not save.
Institutional outflows are increasing, liquidations are being recorded.
Key levels:
$2,900 — accumulation zone.
$3,170 — structural resistance.
Ethereum remains under selling pressure.
We are monitoring the movement and preparing for new levels!
