$ETH 📊 🔍 Current Snapshot$ETH
Price: Around $3,020–$3,040 (₹ roughly ₹268k–₹270k) with modest 24 h gains. �
CoinMarketCap +1
ETH trades below key resistance levels after recent correction, showing a short bounce but no confirmed reversal yet. $
TradingView
Technical indicators often point to neutral to bearish momentum in the short term.
Investing.com India
📉 Market Structure & Short-Term Analysis
Volatility and Correction: ETH is in a corrective phase with compressed price action and reduced volatility—indicating indecision among traders.
CryptoRank
Resistance Challenges: Attempts to reclaim levels above ~$3,100–$3,200 repeatedly stall, suggesting selling pressure at those zones.
BeInCrypto
Support Levels: Key support sits near the $2,850–$2,900 range—protecting deeper declines for now.
CoinDCX
🧠 Fundamental & On-Chain Signals
Active Wallets: Ethereum leads major crypto networks in active wallet counts—over 167 million addresses holding ETH—which indicates strong network participation.
BeInCrypto
Whale Interest: Large positions and institutional interest (e.g., BitMine holding millions of ETH) show medium-term confidence in the ecosystem.
FXStreet
Selling Pressure Signs: Some large holders shifting ETH to trading platforms has amplified volatility and short-term downward pressure.
The Coin Republic
📈 Bullish vs. Bearish Forces
Bullish Factors ✔ On-chain demand and active address growth
✔ Institutional treasury accumulation
✔ Strong long-term adoption via DeFi and staking
BeInCrypto
FXStreet
Bearish/Neutral Factors ❌ Persistent resistance and corrective price structure
❌ Market volatility and macro pressure
❌ Technical indicators often signal sell/neutral conditions
TradingView
Investing.com India
🌐 Looking Ahead
Short Term (Days–Weeks): ETH might remain range-bound until it breaks decisively above $3,200 or slips back toward $2,800.
CoinDCX
Medium Term: If broader market sentiment improves and institutional flows continue, the next upside
