Ethereum Update
Ethereum is currently retesting the key resistance band of 2,950–3,004, a recurring decision zone in recent price action. The market has struggled to sustain momentum above this area, and price is again showing hesitation near the upper boundary.
If weakness continues within this resistance region, the following downside levels may act as potential reaction points:
2,904
2,836
2,800 → 2,777 (broader target zone)
A decisive move above 3,161 would challenge the current bearish structure and invalidate this scenario. Until then, this range remains a crucial area to watch for how ETH handles overhead supply.
This is not financial advice or a trade recommendation—simply my interpretation of market structure and the levels I’m tracking.
$ETH

ETH
3,032.3
+1.62%