Overview
- Ethereum is hovering around $3,090–$3,100 with neutral-to-weak short‑term momentum as buyers defend the $3,050 area.
- A daily symmetrical triangle frames the market, with resistance near $3,300–$3,350 and support around $2,850–$2,900, and analysts emphasize waiting for a confirmed break.
- Derivatives dashboards show more than $1 billion in potential liquidations above and below current levels, increasing the odds of a swift squeeze once price escapes the range.
- Intraday action shows a rebound above the 100‑hour moving average after a $3,050 low, with near‑term resistance at $3,180–$3,220 and then $3,250–$3,300.
- Longer‑term views diverge, with some chartists flagging $3,800–$4,500 as the first major test on a bullish path and institutional forecasts ranging from modest gains to very wide 2030 outcomes.