🚨Ethereum (ETH) Holding a Key Demand Zone📉
Ethereum is continuing to respect the projected price path with high precision. As outlined earlier, ETH tapped the $3.07k resistance level, where strong selling pressure emerged, leading to a corrective move toward the $2.6k–$2.7k support zone.
Price is now stabilizing within this lower-range demand area, indicating active buyer interest and a potential base formation.
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🛡️ Critical Support: $2.6k–$2.7k
• This zone represents a high-confluence demand region
• Buyers are defending this level to maintain the broader bullish structure
• ETH remains in a healthy corrective phase, not a trend breakdown
As long as ETH holds above this range, the market structure remains constructive.
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📈 Bullish Continuation Scenario
If momentum continues and support holds:
• ETH can build a base through consolidation
• A move toward $2.9k–$3.0k becomes likely
• A retest of the $3.07k resistance is expected
• A confirmed breakout above $3.07k could open the path toward higher highs in the coming days
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⚠️ Bearish Risk & Invalidation
The bullish bias remains valid only while $2.6k–$2.7k holds.
• A breakdown below this zone
• Especially a daily close below $2.6k
• Could lead to a deeper correction toward $2.4k or lower
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🧠 Market Outlook
Ethereum is currently trading at a make-or-break level. Holding above the $2.6k–$2.7k demand zone keeps the probability tilted toward a move back to $3.07k and beyond. Failure to hold this zone would shift momentum decisively in favor of bears.
📌 We will continue monitoring ETH price action closely and provide updates as the structure evolves.
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