#ETH #ETHAnalysis Market & Price Analysis

Price dip under $3,000

ETH is trading around $2,940, down ~1.6% in the last 24 hours, though still supported above $2,900. Key resistance resides at $3,000 .

Technical indicators flash both warning and bullish signs

A “Golden Crossover” between the 100‑day and 200‑day EMAs is emerging—historically a strong bullish signal . However, short-term indicators suggest a possible test of support near $2,933 before any sustained rally .

ETH rebounds 17.7% this week

After a six-month downswing, ETH crossed back over $3,000 (July 14), gaining ~17.7% week-over-week and 3.2% in the past 24 hours. The current trading price hovers around $3,040 .