đ Ethereum Market Insight: Key Zones to Watch This Week
Ethereum ($ETH) continues to follow a clear technical narrative â though many traders might be overlooking it.
After testing the supply zone around $3,390â$3,420, ETH showed an immediate reaction. This wasnât market weakness â it was a healthy round of profit-taking by experienced traders, allowing liquidity to reset before the next move.
Now, price action is sliding toward a key demand area â where market structure will truly be tested.
đ Key Demand Zones
1ïžâŁ $3,320â$3,345:
Price has already reacted here once. If buyers step in again with volume and strength, this area could form the base for a short-term reversal.
2ïžâŁ $3,245â$3,285:
This remains the primary re-accumulation zone â where long-term participants are likely to accumulate positions if momentum slows down.
đŻ Potential Upside Targets (If Demand Holds)
Initial reclaim: $3,380
Breakout confirmation: $3,450
Next expansion zone: $3,520+, provided momentum continues building.
â ïž Risk Zone
If $ETH drops below $3,320 with strong momentum, price could revisit deeper demand levels.
However, this shouldnât be viewed as bearish â it would represent a healthy market reset, potentially setting up for a stronger move later.
đ§ Pro Tip
This is a market phase where patience outweighs emotion.
Watch for:
â
Gradual candles
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Deep wicks into support
â
Rising buy-side volume
Those are the signs of smart money entering.
Stay calm, avoid FOMO, and let the market reveal its direction â because when Ethereum commits to a trend, it often moves with conviction. âĄ
