$ETH Ethereum is showing weaker performance compared to $BTC and forming a consolidation range. Momentum is low, suggesting accumulation rather than trend continuation.
Key Levels
Resistance
• 3,150
• 3,280
• 3,450
Support
• 2,980
• 2,850
• 2,700
Trade Plan
Short
Entry: 3,150 rejection
TP: 2,980 → 2,850
SL: 3,300
Long
Entry: 2,850 demand
TP: 3,150 → 3,300
SL: 2,720
Fundamental View
ETH ecosystem remains strong (L2 growth & DeFi activity).
Liquidity currently favors BTC dominance → delayed altcoin expansion.
⚠️ Trade with confirmation and proper position sizing.
BTC
65,776
-2.84%
ETH
1,922.98
-2.13%