#Ethereum (ETH) continues to show positive movement, with a +2.14% increase over the past 24 hours. As a leading asset in the Layer 1 blockchain space, Ethereum ($ETH ) remains a key focus for investors. Here's the latest market insight:

Key Market Data

Current Price: $3,488.85

24h High: $3,547.95

24h Low: $3,414.18

24h Trading Volume:

$ETH : 315,169.31 ETH

USDT: $1.10B

Technical Analysis

Resistance Levels:

Immediate Resistance: $3,547.95

Strong Resistance: $3,564.50

Support Levels:

Immediate Support: $3,443.14

Major Support: $3,200.42

ETH has seen steady upward movement, with trading volume maintaining strong levels, indicating investor confidence. The price is currently consolidating, and ETH could be positioning for a further breakout.

What’s Next for ETH?

A move above $3,547.95 could target the $3,564.50 resistance zone.

Support near $3,443.14 could offer a strong entry point for traders looking to buy the dip.

The broader Layer 1 sector continues to drive Ethereum's price action, making it a key player in the market.

💡 Conclusion: ETH/USDT remains a top choice for traders and investors looking for stability and growth in the Layer 1 space. With consistent volume and upward momentum, ETH is positioned for potential further gains.

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