Ethereum (ETH) is currently trading around $2,950, with the market showing clear indecision. The $3,000 level has once again turned into a strong resistance, while buyers remain active in the $2,800โ$2,900 support zone. ๐ Current Market Snapshot Short-term trend: Sideways to Bearish ETH has failed to deliver a clear breakout so far Trading volume remains cautious as traders wait for confirmation ๐ณ On-Chain Signals Whales are gradually accumulating ETH Staking activity and network fundamentals remain stable Long-term structure still looks constructive ๐ Key Levels to Watch Support: $2,800 โ $2,900 Resistance: $3,000 โ $3,300 ๐ A strong close above $3,000 could open the door for the next bullish move. ๐ A break below $2,800 may increase downside pressure. ๐ง Bottom Line ETH is currently at a decision point. The next major trend will be defined by a breakout or rejection at these critical levels. ๐ข Follow the trend, not emotions. #Ethereum #ETH #CryptoMarket #ETHAnalysis $ETH โ
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#ETHTrendWatch
Ethereum (ETH) is currently trading around $2,950, with the market showing clear indecision.
The $3,000 level has once again turned into a strong resistance, while buyers remain active in the $2,800โ$2,900 support zone.
๐ Current Market Snapshot
Short-term trend: Sideways to Bearish
ETH has failed to deliver a clear breakout so far
Trading volume remains cautious as traders wait for confirmation
๐ณ On-Chain Signals
Whales are gradually accumulating ETH
Staking activity and network fundamentals remain stable
Long-term structure still looks constructive
๐ Key Levels to Watch
Support: $2,800 โ $2,900
Resistance: $3,000 โ $3,300
๐ A strong close above $3,000 could open the door for the next bullish move.
๐ A break below $2,800 may increase downside pressure.
๐ง Bottom Line
ETH is currently at a decision point.
The next major trend will be defined by a breakout or rejection at these critical levels.
๐ข Follow the trend, not emotions.
#Ethereum #ETH #CryptoMarket #ETHAnalysis $ETH โ