$ETH Ethereum (ETH) — Short latest analysis (chart-ready)

ETH
ETH
3,195.71
-3.60%

Price (spot): ≈ $3,000 per ETH (live feeds show ~$2,990–$3,040 range).

24-hour: small net change / mild consolidation around the $3k pivot.

Key support / resistance: support ~$2,900–$3,000; resistance near $3,100–$3,200 (watch a break above $3.1k for momentum).

Technical tone: indicators show consolidation — look for RSI near neutral and a possible falling-wedge forming (bullish if price breaks higher).

Catalysts to watch: Fusaka upgrade timing (network improvements / L2 scalability), ETF/institutional flows, and broader crypto/ macro sentiment. Positive news or ETF inflows could push a breakout; negative macro / equities selling could pull price back.

Quick trade checklist (simple)

Long bias only after daily close > $3,150 with volume.

Tight stop if price falls < $2,850 (invalidates near-term support).

Manage position size around event risk (upgrades, ETF news).