$ETH is testing a major long-term support zone after an extended downtrend.....
Previous rallies failed to hold, but price is now approaching a level where buyers have stepped in before.
If ETH holds this support and reclaims the $2,800–$3,200 resistance zone, the bullish structure could return, opening the door for a move toward the previous ATH around $4,800.
However, if this support fails, it would be the first clear sign that bearish pressure is still in control and the expected recovery ...