Today, Ethereum (ETH) is trading around $3,220 USD, showing signs of a lift but also a hint of hesitation. The chart (linked) suggests upward momentum, yet resistance just above the current zone isn’t giving way yet.
Here’s what stands out: the trend is positive-ish — we’ve seen higher lows, buyers stepping in — but the surge you might expect after such a move hasn’t arrived. That could signal a consolidation phase rather than full-on breakout. And yes, it’s fine to pause, but the question is whether this is simply a breather or a warning flag.
In my reading: if ETH can push through that barrier near ~$3,400 and hold it, the next leg up could follow. But if it fails, we might see a pull-back toward ~$3,000 or below. Keep one eye on volume, the other on market catalysts. The next move might not wait for the usual schedule — are you positioned for it?