$ETH STABILIZING AFTER SHARP PULLBACK

Strong sell-off into the 3278 area where demand stepped in quickly. Bounce is controlled and grindy, showing sellers are getting absorbed rather than buyers chasing.

Price is now holding above the local low and forming a short-term base. As long as 3278 holds, this looks like consolidation after distribution, not continuation down.

Structure calming, downside pressure easing. Let’s go $ETH