Ethereum recently saw a strong upward move, followed by a short-term pullback. Current price action suggests a potential continuation of the broader bullish structure, as ETH has moved above a previously identified consolidation area.
Holding above this breakout zone may support further upside attempts, while price reaction around key levels remains important to watch. A notable area of interest lies near 3,160, which previously acted as a significant structure level. Further upside could face resistance around the 3,350 region.
Key Levels to Monitor:
3,160 – prior structure zone$BTC
3,350 – potential resistance area
Market direction will depend on how price behaves around these levels and overall momentum conditions.
#ETH #Ethereum #CryptoMarket #TechnicalAnalysis #MarketStructure $ETH