$ETH slid hard from the 3,588 zone and sellers controlled most of the session until price hit 3,153, where buyers finally reacted. The bounce from that level is steady but cautious, with ETH now sitting around 3,210 as the market tries to recover from the heavy drop. Volume shows the selloff cooled down, but buyers haven't taken full command yet.
$ETH needs to reclaim the 3,260–3,300 area to shift momentum back in its favor. If it fails and slips under 3,150 again, the chart could open the door to deeper downside. For now the move looks like a stabilizing phase after an aggressive pullback.
Stay patient and let ETH show you whether this recovery has strength behind it or just a breather before the next move.
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$ETH slid hard from the 3,588 zone and sellers controlled most of the session until price hit 3,153, where buyers finally reacted. The bounce from that level is steady but cautious, with ETH now sitting around 3,210 as the market tries to recover from the heavy drop. Volume shows the selloff cooled down, but buyers haven't taken full command yet.
$ETH needs to reclaim the 3,260–3,300 area to shift momentum back in its favor. If it fails and slips under 3,150 again, the chart could open the door to deeper downside. For now the move looks like a stabilizing phase after an aggressive pullback.
Stay patient and let ETH show you whether this recovery has strength behind it or just a breather before the next move.
$ETH
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