📊 $ETH
is currently moving in a consolidation phase, trading within a tight range as buyers and sellers remain balanced.
Key support: Around the $2,900–3,000 zone, where buyers have repeatedly stepped in.
Key resistance: Near $3,200–3,300, which ETH needs to break for a strong bullish continuation.
Market sentiment: Neutral to slightly bullish. Long-term confidence remains strong due to ETF interest, network upgrades, and growing DeFi & staking demand.
Technical view: Momentum indicators suggest ETH is building energy; a breakout above resistance could trigger a fresh upside move, while failure may lead to short-term pullbacks.
🔮 Outlook
Bullish: Break and hold above resistance → potential trend continuation.
Bearish: Loss of support → short-term correction before recovery.
Summary: Ethereum is stable but coiling for a move — traders should watch volume and key levels closely.