๐ฃ $ETH โ AT A DECISION POINT
Ethereum remains in a corrective phase, still vulnerable below key levels.
Price is holding near support, but momentum hasnโt flipped bullish yet structure suggests downside risk before breakout strength returns.
๐ Technical Summary
๐ธ $ETH is trading under the major descending trendline from earlier highs.
๐ธ Price continues to face strong resistance around $3,300โ$3,600.
๐ธ Unless ETH breaks above this zone with conviction, the bearish structure stays intact.
๐ธ If downside pressure builds, $3,000 and below liquidity regions could be revisited before buyers return.
๐ง Market Psychology & Liquidity
Weak demand strength suggests short-term sellers are still in control.
Bitcoin and macro volatility continue influencing ETHโs price action.
๐ Macro & Fundamentals
Network fundamentals remain intact (DeFi activity, Layer-2 growth). BTCC
Citi forecast sees long-term potential targets above current levels, while bearish macro scenarios could test lower supports. Reuters
๐ฏ Key Levels to Watch
๐ Bearish invalidation if ETH closes back under $3,000
๐ Bullish breakout trigger only above $3,600+
๐ Mid-zone resistance: $3,300โ$3,400 cluster
๐ Final Take
Ethereum is not broken โ itโs paused.
Short-term momentum stays bearish until a clean reclaim of resistance levels. Support tests and liquidity sweeps ahead could clear the path for a real trend shift.
Watch the structure. Respect the levels. Trade with discipline.
โจ ETHโs next real move wonโt surprise โ it will confirm.
