$ETH Latest analysis

Current Price: Around $3,050.

Trend:

ETH is under selling pressure and trading below key moving averages.

Support Zone: $2,800–$2,850 — if this breaks, price may fall further.

Resistance Zone: $3,100 — a breakout above this could trigger strong upside.

📊 Market Outlook

Bearish risk:

Breaking below support could push ETH toward $1,500–$1,600.

Neutral: ETH may move sideways between $2,800–$3,300.

Bullish: A breakout above $3,100 could open the way to $4,500–$5,000+.

⚙️ Key Drivers

Market selling pressure and reduced liquidity are keeping ETH down.

The Fusaka upgrade could bring long-term bullish momentum by improving speed and lowering fees.

ETH

2,928.52

-5.00%

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