**$ETH ** is currently moving within a consolidation zone, which is essentially a **trap area**.

If the bearish trend I previously projected remains intact, the market makers’ priority would be an **aggressive sell-off**—first driving price down to liquidate long positions around **3250**, then pushing further lower to clear longs near **3100**.

On the other hand, a **decisive breakout above 3120** would invalidate this bearish scenario and could trigger a **strong upside move**, potentially propelling price toward the **3700** level.