#ETHMarketWatch Ethereum (ETH) continues to show dynamic price action, currently hovering around $3,200 amid fluctuating market sentiment. Over the past week, ETH has tested key resistance near $3,300 but faced rejection, signaling potential consolidation before the next major move. On the downside, strong support lies at $3,000, a critical psychological level that has held firm during recent pullbacks. Trading volume remains steady, suggesting accumulation by long-term holders despite short-term volatility.

Technically, the RSI on the daily chart sits near 60, indicating neutral momentum, while the MACD hints at a potential bullish crossover if buying pressure accelerates. Traders are closely watching Ethereum’s ability to break above $3,350, which could open the door to retesting $3,500. Conversely, a drop below $3,000 might trigger a deeper correction toward $2,800.

With Ethereum’s network upgrades and growing institutional interest, ETH remains a focal point for both traders and investors. Stay vigilant—volatility is likely to intensify as macroeconomic factors and regulatory developments unfold.$ETH