• Ethereum has reclaimed and is holding above the $3,000 support level.

  • Analysts warn of possible short-term pullbacks while maintaining a bullish long-term structure.

  • Broader market signals show Ethereum gaining strength relative to Bitcoin.

Ethereum is trading above the $3,000 level this week as analysts evaluate key support zones and longer-term market structure. Observers say Ethereum’s ability to hold current levels could influence price direction into 2026.

Ethereum Stabilizes After Brief Dip

Ethereum trades at $3,157 on the daily chart after rebounding from a short-lived drop below $3,050, according to Binance data. The move followed a broader market pullback that briefly pushed ETH lower before buyers stepped in to defend the $3,000 region.

Ethereum has now seen a 1.7% uptick in the past day, extending its fortnight rally to 11.4%. Unlike other major …

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