$ETH /USDT 4H update

Ethereum is trading near 2,855 after a sharp sell-off from the 3,170–3,180 zone. That rejection was aggressive and wiped out short-term bullish structure. Price flushed down to 2,790 where buyers finally stepped in, forming a quick reaction bounce.

Right now ETH is stuck between recovery and hesitation. The bounce toward 2,940 lacked follow-through and sellers pushed price back below key intraday resistance. Volume spiked on the drop, showing real distribution, not a weak pullback.

Key levels to watch

Support zone: 2,790–2,820. This is the main demand area. A clean break below it opens room toward 2,700.

Immediate resistance: 2,940–2,980. Bulls must reclaim and hold above this zone to regain momentum.

Major resistance: 3,100–3,170. This is the breakdown area and the level where trend flips bullish again.

Bias

As long as ETH stays below 2,980, price action remains fragile and corrective. Holding above 2,790 keeps the bounce alive, but strength is only confirmed above 3,000+.

Market is emotional here. Volatility is high. ETH is deciding whether this move was just a shakeout or the start of a deeper pullback. Patience matters at these levels.

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