#ETH is consolidating around the $3,100–$3,150 range, with markets indecisive about the next major move. The price is above psychological support at $3,000, but momentum is mixed. Breakouts above $3,200–$3,250 could signal renewed upside momentum. �
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⚙️ Technical Levels to Watch
Support: ~$3,000 – if broken, risk of deeper correction increases. �
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Neutral Range: ~$3,050–$3,200 — sideways equilibrium zone. �
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Bullish Breakout: Above $3,280–$3,350, with targets stretching toward $3,500–$3,600+ if momentum builds. �
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📈 Near-Term Forecasts
Analyst forecasts remain cautiously optimistic, with several models suggesting:
• Short-term upside potential to $3,280–$3,350 as the first target. �
• Stronger bullish scenarios project $3,400–$3,600+ if key resistances break. �
However, failing support near $3,000 could lead to deeper retracements. �
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💡 Market Sentiment
Mixed technical signals (neutral RSI, volume subdued) indicate range-bound conditions. �
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Continued accumulation and network activity help support the fundamental narrative. �
📌 Summary
ETH is at a critical technical crossroads — trading sideways around $3,100 with a possible breakout to the upside if critical resistance zones hold. Bearish risk increases if price slips below the $3,000 support area.
