ETH/USDT Analysis

Ethereum ($ETH ) is trading at $3,318.89, down 4.62%, experiencing a significant pullback. The immediate support level is at $3,250, which could stabilize prices if sustained. Resistance lies at $3,400, and breaking it is necessary for recovery. Declining market sentiment and trading volumes indicate cautious investor behavior. Broader market trends, including Bitcoin's movement, will heavily influence Ethereum's trajectory.