📈 Current Price & Momentum

• $ETH ETH is trading above ~$3,200, showing recent gains alongside Bitcoin and the broader crypto market rally, indicating renewed buying interest. �

• Price has moved up about ~4% over the past week, breaking recent bearish structure — but trend confirmation needs a further ~10% move higher to signal a stronger breakout. �

Barron's

BeInCrypto

📊 Market Structure & Sentiment

• Short-term price action shows sideways to slightly bullish bias, with seller dominance still visible. �

• Some bearish factors like weak network activity and negative exchange premiums were flagged earlier, suggesting caution remains for traders. �

Pintu

CryptoRank

📌 What This Means (Short Term)

Bullish signals:

✅ Price holding above key support

✅ Market rally lift from Bitcoin & altcoins

✅ Momentum building (potential trend flip)

Bearish/Neutral risks:

⚠ Still below major breakout levels

⚠ Market can retreat if buyers fade

🔍 Short Summary (1–3 days)

ETH is showing early signs of recovery but needs more upside strength to confirm a sustained rally. Traders may watch key levels around $3,300–$3,500 for continuation or pullback signals.

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