$ETH /USDT is trading near $2,976 and is currently in a consolidation phase after a strong impulsive push into higher timeframe resistance. Key short term support lies around $2,900 to $2,930 where previous breakout structure and demand converge. A broader support area around $2,820 to $2,850 would be a reasonable invalidation zone if price structure breaks down.

On the upside ETH faces resistance between $3,050 and $3,100 A clean and sustained break above this zone could pave the way for a move toward $3,250 with $3,400 coming into focus if bullish momentum accelerates. Overall market structure remains neutral to bullish as long as ETH holds above support levels with continuation hinging on strong acceptance above resistance. This is a technical perspective only and not financial advice.