ETH Update 🚨 | Short-Term Outlook
Is currently trading in a consolidation phase, following the broader market pause led by BTC. Price action suggests ETH is compressing near a key decision zone.
------Key Levels-----
Support: $2,850 / $2,700
Resistance: $3,050 / $3,200
===#=Market Structure====
ETH remains range-bound on lower timeframes while holding a higher-timeframe bullish structure. Momentum is neutral — the market is waiting for confirmation.
📈 Bull Case
If ETH holds above $2,850 and breaks cleanly above $3,050 with volume, upside continuation toward $3,200–$3,350 becomes likely.
📉 Bear Case
Failure to hold $2,850 opens downside risk toward $2,700, where strong demand is expected.
What to Watch (Next 24h)
^^ Volume expansion near $3,050 ^^
Overall BTC direction (still the main driver)
➡️ ETH is not weak — it’s waiting.
!!!!Trade confirmation, not anticipation!!!!
What’s your bias on ETH? 👇