Consolidation Mode Amid Rebound Signals 🚀

ETH dips to $2,952-$2,960 after narrowing gains below $3K (24h: +0.2-0.5%, 7d: -10%), trailing BTC's rally but holding key supports.

Quick TA Breakdown

Support/Resistance: Firm at $2,900-$2,950 (92% Polymarket odds for $2,900-3K close); resistance $3,000-$3,050 liquidation zone.

Indicators: RSI mid-40s (neutral), MAs flattening — short-term bearish pressure but weekly uptrend intact.

Volume: Spot $3.5B, futures $51B; OI $38B signals volatility ahead.​

Catalysts Ahead

Davos tokenization hype + L2 scaling boosts DeFi TVL; forecasts eye $3K Jan end, $3.7K Feb. DCA dips while watching Fed chatter.

ETH to $3.2K or retest $2.8K? What's your play? 💬 #Ethereum #CryptoMarkets #ethmarketwatch