$ETH Ethereum continues to compress inside a tightening range, suggesting volatility ahead.
🔹 Bigger Picture (Weekly Chart)
ETH is still holding the $3,050 – $3,200 support region.
A breakout above $3,600 – $3,700 could unlock upside toward $4,200 – $4,500.
Breakdown below $2,950 would challenge the bullish structure.
🔹 Alternate Bullish Scenario
If ETH is in a diagonal Wave 3 advance, we could still see higher highs into the $5K+ zone over the long-term.
🔹 Shorter-Term (Zoomed-In)
Key supports: $3,180 – $3,250 and $3,020 – $3,080.
A move above $3,520 would suggest the correction is complete.
Losing $3,020 exposes ETH to $2,800.