š£Ā $ETH ā AT A DECISION POINT
Ethereum is still moving through a corrective phase and remains vulnerable below key resistance levels. Price is holding near support, but momentum hasĀ notĀ flipped bullish yet. Current structure suggestsĀ downside riskĀ may come before any real breakout strength returns.
šĀ Technical Summary
šø $ETH is tradingĀ below the major descending trendlineĀ from earlier highs
šø Strong resistance zone sits aroundĀ $3,300 ā $3,600
šø Without a clean break above this area, theĀ bearish structure stays intact
šø If selling pressure increases,Ā $3,000 and below liquidity zonesĀ could be revisited before buyers step in
š§ Ā Market Psychology & Liquidity
⢠Weak demand indicates short-term sellers remain in control
⢠Bitcoin dominance and macro volatility continue to heavily influence ETHās price action
šĀ Macro & Fundamentals
⢠Network fundamentals remain strong: DeFi activity + Layer-2 growth continue
⢠Long-term outlook remains constructive, but macro headwinds could still push price lower first
šÆĀ Key Levels to Watch
š Bearish continuation risk if ETHĀ fails to hold the $3,000 region
š Bullish breakout only confirmedĀ above $3,600+
š Mid-zone resistance cluster:Ā $3,300 ā $3,400
šĀ Final Take
Ethereum isĀ not broken ā itās paused.
Short-term momentum stays bearish until key resistance is reclaimed with conviction. Liquidity sweeps and support tests may be necessary before a true trend shift begins.
Watch the structure. Respect the levels. Trade with discipline.
āØĀ ETHās next real move wonāt surprise ā it will confirm.
