📊 Ethereum (ETH) Latest Market Snapshot

ETH is trading near ~$3,100–$3,200 as markets open today, showing mixed signals with slight downside pressure in recent sessions.

📈 Technical Overview

Bullish Indicators

Analysts spot bullish MACD momentum and oversold conditions that could trigger a bounce toward $3,300–$3,500+ if ETH holds key support levels and breaks immediate resistance.

Blockchain News

Upgrades like Fusaka / PeerDAS are expected to enhance network scalability and could support renewed on-chain activity—potentially bullish over time. $ETH

Trading News

Bearish Risks

Trend pressure remains if ETH fails to sustain above $3,050–$3,110 resistance, with deeper pullbacks possible toward strong support near $2,624.

Blockchain News

Short-term RSI and consolidation trading may delay strong trend continuation until a decisive breakout occurs.

Meyka

📌 Key Levels to Watch

Support: ~$2,624

Near-term resistance: ~$3,100–$3,240

Bullish breakout level: above ~$3,500

📅 Short-Term Outlook

ETH looks rangebound but poised for a break — bulls need momentum above key resistance to reopen broader upside potential. A decisive move this week could signal a new climb, while failure may keep price sideways or slightly lower.$ETH #USNonFarmPayrollReport #USTradeDeficitShrink #ZTCBinanceTGE #BinanceHODLerBREV #USJobsData