$ETH

ETHUSDT

Perp

2,940.09

-5.70%

H just went through a clean stress test — and survived.

After spiking to $3,150, sellers pressed hard and forced a controlled pullback down to $3,024, flushing late longs. That dip didn’t break structure. Buyers stepped in near $3,104, defended the zone, and slowly rebuilt momentum.

Now ETH trades around $3,121, reclaiming short-term levels with calm strength. Volume eased during the sell-off and stabilized on the bounce, showing this move is more rotation than fear. The structure is tightening — higher lows forming while price grinds back toward resistance.

Hold above $3,110 and ETH can challenge $3,150 again. Rejection near current levels could send price back to $3,080–$3,050 for another reset.