📉 Ethereum ($ETH ) Slips Below 3,100 USDT — Bulls Lose Momentum
According to Binance market data, Ethereum has dropped below 3,100 USDT, currently trading around 3,099.86 USDT, with the 24-hour gain narrowing to just +0.67% — showing weaker upside pressure despite a minor uptick.
Market sentiment remains fragile: ETH recently broke key support near $3,150. Markets have seen increased sell-offs and long liquidations, pointing to potential further downside pressure if support levels fail to hold and volatility persists.
Key Levels to Watch:
• Immediate support: ~$3,000
• Resistance remains near prior levels that have failed to sustain strong buying
• Next downside risk if broader market weakness continues
Overall, the short-term price action shows hesitation among buyers, and traders are watching closely for either a reconfirmation above $3,150–$3,200 or a deeper pullback.
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