ETH/USDT Market Update 🚀
Ethereum $(ETH) is showing signs of short-term recovery after holding strong above the key support zone near $2,070–$2,100. The current price around $2,150+ indicates steady buying interest and improving market sentiment.
From a technical perspective, $ETH is trading above its short-term support and gradually moving toward the $2,300–$2,350 resistance area. If volume continues to build, a breakout above this zone could open the door for a stronger bullish move.
Why $ETH looks positive:
Strong support holding despite market volatility
Increasing buying pressure on lower levels
Ethereum remains the backbone of DeFi, NFTs, and Layer-2 ecosystems
Long-term fundamentals remain solid compared to many altcoins
Risk note:
A rejection near resistance may cause short-term pullbacks, so proper risk management is important.
📌 Bias: Cautiously Bullish
📊 Trend: Recovery phase
⚠️ Advice: Trade with confirmation, not emotions