$ETH is currently trading at $3,337.14, reflecting a daily decline of 0.78%. The chart shows a clear downtrend after failing to sustain the recent highs near $3,500, with consistent lower highs and lower lows forming. This suggests increasing bearish pressure in the short term.
Key support lies around $3,300, a level that, if broken, could accelerate the downward movement. On the upside, resistance near $3,400 might limit any recovery attempts.
Watch these levels closely and prepare for potential volatility in the coming sessions.
