#ETH is stuck inside a clear triangle.
Price is being compressed between descending resistance near $3,000 and rising support around $2,900–$2,920. For now, neither side has taken control.
As long as ETH stays below the $2,980–$3,000 area, upside attempts are likely to remain limited and reactive.
The level to watch is the descending trendline. A clean break above it would shift momentum back to the upside and open room toward $3,050–$3,100.
Until that happens, ETH remains in wait-and-see mode.
ETHUSDT
Perp
3,010.54
-0.66%