$ETH Deep Dive: Beyond Just Price
#Ethereum isn’t just a coin—it’s the economic engine of Web3. With thousands of dApps and billions in TVL, Ethereum remains the backbone of DeFi, NFTs, and smart contracts.
Why ETHomics Matter:
Burning Mechanism (EIP-1559) creates a deflationary pressure.
Staking Rewards offer passive income and network security.
High Network Activity = real-world use, not just speculation.
This Week’s ETH Price Action:
ETH tested support around $3,180 after a volatile week.
Resistance stands near $3,320—a break above may signal bullish continuation.
RSI holding neutral, suggesting room for momentum either way.
Today’s Major Levels:
Support: $3,100
Resistance: $3,320
Key Pivot: $3,250
Is $ETH ready for the next leg up? Or are we heading into consolidation before the next breakout?
