#ETHTrendWatch ETH / USDT – 4H Chart Update

$ETH is trading within a descending trendline while holding a rising support, creating a clear compression zone. Price continues to form higher lows, suggesting the overall structure is gradually improving.
The 3,200–3,250 area remains the key resistance to watch.
On the downside, trendline support and moving averages around 3,050–3,100 are still holding.
If price breaks above the descending trendline with confirmation, upside expansion toward 3,400–3,700 becomes a possible scenario.
Failure to break could keep ETH in short-term consolidation.
For now, structure slightly favors the bulls, but confirmation only comes with