๐ Current Price & Trend
$ETH is trading near the $3,100โ$3,300 range, struggling to break higher. Recent price movements show consolidation and sideways trading, with resistance around $3,250โ$3,300.
Some short-term bullish setups suggest possible moves toward $3,400โ$3,500 if key resistance breaks.
However, broader momentum still faces bearish pressure, and a drop below $3,000 could trigger further downside.
๐ Short-Term Outlook
Bullish scenario: Break above $3,300โ$3,400 could see ETH push toward $3,500+.
Bearish scenario: Failure to hold $3,000 leads to consolidation or correction lower.
๐งฉ What to Watch
Macro sentiment & crypto correlation with Bitcoinโcrypto moves often follow broader risk markets.
ETF and institutional flowsโpositive inflows can support higher prices, while outflows ad selling pressure.
Key technical levels: Support ~ $3,000, resistance ~ $3,250โ$3,400.
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