#Ethereum Price at a Crossroads
$ETH had a solid run, blasting past key Fib levels (0.5 & 0.618) from $2,100, but it hit a wall near $3,950.
Now, it’s hovering around $3,475, below the 0.236 support ($3,511) a bearish sign.
What’s next?
- If the slide continues, $3,245 (0.382 Fib) or even $3,030 (0.5 Fib) could be next.
- The RSI at 54 shows buyers are losing steam.
- To flip bullish again, ETH needs to reclaim $3,550 and push past $3,825.
Right now, ETH is stuck in consolidation, lower highs near resistance. If bulls don’t step up soon, we might see a deeper drop toward $3,030 or even $2,815. But a strong bounce above $3,550 could set up another run at $3,950.
For now, it’s a waiting game, will buyers or sellers take control? 🚀🐻
