Ethereum is consolidating around the ~$3,280–$3,350 zone, reflecting mixed short-term sentiment. Bulls are actively defending a key support area, while resistance near the $3,400 level continues to cap upside momentum. This range-bound price action suggests traders are positioning ahead of a potential breakout as the market digests recent moves.

Multiple analyses highlight increasing structural strength across ETH’s charts, with repeated rebounds from support. A clean push above ~$3,400 could trigger bullish momentum toward the next targets around $3,700–$3,800. On the downside, a break below near-term support may open the door to a retest of lower levels—making range breakouts and key price zones critical signals for swing traders. 📊📈