$ETH is trading around $3,035 according to real-time data.

Investing

+1

Technical indicators are mixed to bearish: the daily signal shows a “Strong Sell,” while some momentum indicators suggest neutral‐to‐slight-buy bias.

Investing

+1

ETH is approaching a critical support zone around $3,000.

CryptoPotato

+1

🧭 What’s Driving It

Support/Resistance & Trend:

The $3,000 level is a key higher-timeframe demand zone — if it breaks, downside risk increases.

CryptoPotato

+1

Resistance lies around $3,600-$4,000. ETH needs to reclaim higher levels to flip trend.

CCN.com

+1

Fundamentals & Ecosystem:

The upcoming upgrade (“Fusaka”) and improvements to Layer 2 scalability may be bullish longer-term.

Brave New Coin

+1

Large investors (“whales”) are reportedly shifting or redistributing holdings, which may signal accumulation or redistribution.

CryptoSlate

🎯 Outlook

Bearish scenario: If ETH closes significantly under $3,000, a drop toward $2,500 or lower becomes plausible. Some analysts even suggest potential for $1,370-$1,500 in extreme downside.

Finance Magnates

+1

Bullish scenario: Holding above $3,000 and reclaiming resistance zones could set the stage for a move toward $5,000+ by end of year, driven by ecosystem upgrades.

Brave New Coin

+1

✅ Key Levels to Watch

Support: ~$3,000

Resistance: ~$3,600–4,000

Longer-term target (if bullish): $5,000+

Critical event: Upgrade execution and network adoption metrics

Bottom line: ETH is at a pivotal juncture. The short-term bias leans cautious/negative unless support holds and key resistances are broken. The medium to long term remains more favourable given strong fundamentals, but risk remains elevated.#ETHETFsApproved #ETHMarketTrends #AITokensRally #MarketPullback