$ETH is standing on thin ice — price stuck near $3,196, trading under pressure after a sharp dump.
Bulls tried to wake up but every bounce is getting rejected, showing clear weakness.
24h low sits at $3,165, and if this level breaks, momentum can flip into a fast downside slide.
But here’s the twist…
Orderbook shows 65% buyers ready to strike, yet candles still look heavy — a classic trap zone.
This is the moment where silence feels loud — ETH is waiting to choose violence.
Key Levels:
• Support: $3,165
• Resistance: $3,200 → $3,220
• Bias: Bearish unless ETH closes above $3,220 with volume
