$ETH is holding above the ~$3,000 support zone after multiple tests without major breakdowns. �
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Technical indicators like 20-day MA position and narrowing MACD suggest potential upward pressure if momentum builds. �
BTCC
Double-bottom formations and consolidation often precede stronger moves if breakout levels are reached. �
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Key Technical Levels to Watch
⚡ Resistance: ~$3,300–$3,350 — break above signals next leg up. �
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📉 Support: ~$3,000 — critical floor for current range.
$ETH is currently consolidating near a key support zone around $3,000, which makes it suitable for a hold or cautious accumulation strategy rather than aggressive trading. Buying in small portions on dips (DCA) is safer than going all-in, while short-term traders should wait for a clear breakout above ~$3,300 with volume confirmation. Risk management is essential—use stop-losses and avoid over-leverage, as ETH still follows overall crypto market momentum.