Market Context $ETH #CPIWatch #BinanceHODLerBREV #ETH #BTCVSGOLD #USJobsData Ethereum is the second-largest cryptocurrency by market cap and a core blockchain for DeFi, NFTs, smart contracts, and stablecoins. Its network utility and staking mechanism differentiate it from many other assets.
Recent Price Action The price has seen pullbacks from 2025 highs (around ~$4,900 ATH) and has struggled around key levels, with resistance near medium-term moving averages and the ~200-day SMA. On-chain metrics have mixed signals: institutional ETF inflows at times have supported rallies, while some periods saw selling pressure and technical resistance slowing gains.
Technical Factors Support & Resistance: Recent technical resistance has been noted near the ~$3,200–$3,660 range; breaking above these could reduce short-term bearish pressure. Indicators: Some technical models show bearish tilt on medium/long averages, while short-term momentum oscillators remain mixed.