ETH has been consolidating with choppy price action over the past couple of months. For bulls looking to regain control, the critical resistance sits around $3350—notably where it intersects with the Daily 200-period EMA. This level represents a key battleground for momentum reversal.
On the flip side, bears have a solid foundation at $2.8K, which holds up as the primary support zone on the higher timeframes. Breaking below this area would signal deeper weakness in the broader structure.
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PseudoIntellectual
· 01-07 21:02
Breaking through this 3350 barrier is really necessary, or else the suffering will continue.
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TradFiRefugee
· 01-07 21:01
Breaking 3350 is really pointless; it feels like I have to go back to 2.8K again.
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GasGuzzler
· 01-07 20:50
If 3350 can't be broken, the bears win, honestly.
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DeFi_Dad_Jokes
· 01-07 20:48
If 3350 can't be broken, there's really no hope. Just wait to go back to 2.8k.
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WalletAnxietyPatient
· 01-07 20:41
That hurdle at 3350 really needs to be broken, or we'll still be swaying here.
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FreeMinter
· 01-07 20:39
Breaking 3350 is just a bluff; the real test is whether 2.8k can hold.
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SilentObserver
· 01-07 20:33
Breaking 3350 is impossible; if it doesn't rise this time, we're in trouble.
ETH has been consolidating with choppy price action over the past couple of months. For bulls looking to regain control, the critical resistance sits around $3350—notably where it intersects with the Daily 200-period EMA. This level represents a key battleground for momentum reversal.
On the flip side, bears have a solid foundation at $2.8K, which holds up as the primary support zone on the higher timeframes. Breaking below this area would signal deeper weakness in the broader structure.