Ethereum Update: Will It Break $3,750 or Fall to $3,010?
ETH is trading at $3,413, up 3% in 24 hours but down 15.30% this week, showing mixed momentum. Key levels to watch:
Resistance: $3,750
Support: $3,010
Technical indicators highlight bearish pressure but suggest a potential weakening in selling momentum. On-chain data reveals cautious optimism, with 52% of holders in profit and rising demand from South Korea.
A breakout above $3,750 could signal a bullish rally, while failure might lead to a retest of support.
Stay tuned!
