Ethereum ( $ETH ) is currently consolidating above the $3,100 support zone, indicating strong buying interest at lower levels. Price action suggests accumulation within a defined range, while sellers remain active near the $3,160–$3,180 resistance area. A decisive breakout above this resistance could unlock upside potential toward $3,220+, whereas a loss of support may invite short-term volatility. Overall, $ETH maintains a cautiously bullish bias as long as key support holds.