📉 Short-Term Price Action
$ETH price has been trading lower recently, facing selling pressure along with the broader crypto market — with some analysts pointing to possible downside risk of ~20% if bearish momentum strengthens. At the same time, whales and long-term holders show signs of accumulating, which could help stabilize price action in the near term.
Technical indicators also point to a fixed range with key support around ~$2,770 and resistance near ~$3,245. Neutral momentum readings (e.g., RSI near the middle of its range) suggest consolidation rather than a clear breakout yet.
📊 Key Levels to Watch
Support: ~$2,770–$2,800
Resistance: ~$3,100–$3,300
Holding above support zones gives ETH a chance to bounce back; breaking above resistance could signal upward momentum returning.
📈 Longer-Term View
Some price forecasts for 2026 project average levels well above current prices (e.g., targets near $4,500 by year-end), reflecting expectations for continued institutional interest and network growth.
Remember: profit potential in crypto depends on price swings — gains from one year can be followed by pullbacks — and this information isn’t financial advice.
