$ETH Ethereum (ETH) – Latest Market Analysis

ETH is currently trading around $2,957, remaining under short-term bearish pressure after a recent pullback. Price action suggests consolidation as buyers attempt to defend key support levels.

• Current Price: ~$2,957

• Trend: Bearish to neutral

• Key Support: $2,900 – $2,850

• Key Resistance: $3,050 – $3,150

• Market Sentiment: Cautious / fear

• Drivers: broader crypto weakness, reduced risk appetite, and ongoing volatility

Outlook:

If ETH holds above the $2,900 support, a short-term bounce toward $3,100 is possible. A breakdown below support could open the door for further downside.#eth #BinanceBlockchainWeek #AltcoinSeasonComing? #BTCVSGOLD

ETH

2,950.2

-0.80%