$ETH
Ethereum is trading around $2,900–$3,000, showing modest movement but recent weakness compared to earlier highs.
Technical indicators and sentiment lean bearish to neutral, with the market in a consolidation phase below key moving averages.
📊 Technical Context
ETH has been trending lower over the past month, with prices down significantly and sentiment in the “fear” zone on some indicators.
Key levels of support near $2,800–$3,000 may hold short term downside.
For a bullish shift, a break above ~$3,200–$3,300 resistance could signal renewed upside momentum.
📈 What Analysts Are Saying
Some forecasts project ETH could reach higher levels (~$3,400–$3,700) if trends improve and volatility declines.
Longer-term models suggest potential for growth if adoption, staking activity, and institutional inflows increase — but downside risks remain if market sentiment worsens.