$ETH is currently trading around $3,211, showing a slight rebound after dipping below $3,200 earlier today. The market sentiment is cautiously bullish, with buyers stepping in at key support levels, suggesting short-term accumulation.
📈 Upside Potential
If ETH breaks above the $3,220–$3,230 resistance zone, it could test $3,400–$3,450 in the next few sessions.
Positive momentum is supported by continued interest from retail and mid-size holders.
📉 Risk / Downside
Failure to hold the $3,200 support may trigger a pullback toward $3,000–$2,950.
Market volatility remains high, so short-term swings can be sharp.
🔑 Key Takeaways
Short-term traders: Watch $3,200–$3,230 as the critical range for entry or exit.
Long-term investors: $ETH 's network upgrades and growing adoption still support its medium-term bullish case.
Always monitor macro trends and crypto market sentiment, as these heavily influence short-term price action.
#BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #CPIWatch #USJobsData