$ETH ETH is currently trading around $3,030–$3,040.
Recent technical-market commentary highlights that ETH recently reclaimed a support zone near $3,000, which some consider a bullish foundation for a rebound.
At the same time, broader sentiment is somewhat cautious: some analysts warn of possible downside pressure if macro headwinds (rate-hike fears, economic uncertainty) intensify, or if demand weakens.
Right now, ETH seems to be in a “wait-and-see” phase: it’s neither in full-blown bullish breakout mode nor in collapse — but rather hovering near a critical support level. If macro conditions are favorable and demand stabilizes, there’s a reasonable chance ETH could inch toward $3,300–$3,500 in the coming weeks. On the other hand, if broader risk sentiment sours, a dip toward $2,800–$2,900 isn’t out of the question.#BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #USJobsData
