$ETH is currently trading in a consolidation range around key support and resistance levels. Short-term technical models show mixed sentiment with potential for both breakout and pullback scenarios: holding above the mid-$3,000 support zone could fuel further upside pressure, while a breakdown below support may lead to deeper correction.

Key Levels to Watch

• Support: ~$2,800–$3,000 — strong demand area if price dips.

• Resistance: ~$3,250–$3,500 — clearing this zone could accelerate bullish momentum.

Short-Term Bias: Neutral-bullish if support holds; otherwise risk of pullback. Volume and macro sentiment (e.g., crypto market reactions to broader financial news) remain important drivers.

#Ethereum #ETHETFsApproved #CryptoAnalysis #TechnicalUpdate #Altcoins

ETH
ETH
2,935.32
-0.19%