#ETHTrendWatch
Ether (ETH) is currently locked in a tight consolidation between major trend lines, trading near the psychological $3,000 level after a sharp decline to $2,620 on November 21. This rebound has placed the market at a decisive zone where both buyers and sellers are testing conviction. The immediate focus is on the $2,800 support area, as any sustained move below this level could accelerate downside pressure.
From a market structure perspective, ETH lost the $3,000 level amid weakening futures demand and persistent distribution from long-term holders. This selling pressure has lim
Ether (ETH) is currently locked in a tight consolidation between major trend lines, trading near the psychological $3,000 level after a sharp decline to $2,620 on November 21. This rebound has placed the market at a decisive zone where both buyers and sellers are testing conviction. The immediate focus is on the $2,800 support area, as any sustained move below this level could accelerate downside pressure.
From a market structure perspective, ETH lost the $3,000 level amid weakening futures demand and persistent distribution from long-term holders. This selling pressure has lim
ETH3.82%














