Ethereum hovering around $3,000 is less a confirmation and more a test.

Sustainable bull markets require alignment across price, volume, and on-chain activity—higher highs on higher timeframes, rising participation, and growing fee and staking demand.

For now, ETH appears supported by positioning and sentiment rather than broad-based risk appetite.

A high-volume reclaim of $3K as support would be meaningful. Until then, this remains tactical trading, not structural upside.

#ETHMarketWatch $ETH

ETH
ETHUSDT
1,917.24
-1.55%
ETH
ETH
1,917.94
-1.60%