$ETH

ETH/USDT Update:

Ethereum (ETH) is showing mixed momentum against Tether (USDT) as it consolidates after a recent price surge. ETH currently trades near key resistance around $3,200, with support at $3,000. Market sentiment remains cautiously bullish, driven by growing institutional interest and Layer 2 activity. Short-term traders are watching for a breakout above $3,250 to confirm upward continuation. Conversely, a drop below $2,950 could signal a correction. RSI levels suggest ETH is nearing overbought territory, so volatility may increase. Stay alert to macroeconomic news and Bitcoin’s price movements, as they continue to impact ETH’s short-term direction.

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