๐ Price & Market Snapshot
$ETH is trading around USD 3,332 today, with intraday range roughly $3,093 โ $3,392.
Over the past 24 h, ETH is up โ gaining several percent amid renewed crypto-market momentum.
Since the bottom seen around November, ETH has reportedly rallied ~23.5%.
ETH3,176.91-4.40%
๐ Whatโs Driving ETH Today
There's growing buying pressure from โwhalesโ and institutions โ increased accumulation ahead of the anticipated Federal Reserve (Fed) decision appears to be lifting sentiment.
Technical-analysis perspectives suggest ETH may be building a multi-year accumulation base: some analysts view the ~$3,100โ$3,300 zone as structural support, potentially paving way for a larger rebound.$BTC
๐งญ Short-Term Outlook & Key Levels to Watch
If momentum holds, ETH could try to test resistance near $3,470 โ but thereโs likely to be selling pressure near $3,250โ$3,300.
On the downside, a break below ~$3,050 could risk a further dip โ some analysts flag ~$2,980 as a possible lower support if bearish momentum accelerates.
ETHUSDTPerp3,171.34-4.55%๐ Medium-Term Perspective
After a period of range-bounded activity, ETH may be forming a broader consolidation/accumulation base that some believe could support a new upward leg over the coming months.$BNB
Continued institutional interest, ETF inflows, and macro trends (e.g. interest-rate outlook from the Fed) will likely remain important catalysts.
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