Ethereum trades above the $3K mark: weakness amid crypto downturn continues to worry investors

Ethereum demonstrates resilience near the critical level of $3 000, although the market remains in tense anticipation. According to the latest data from January 15, the ETH price is $3.29K with a negative dynamic of -2.21% over the past 24 hours. Despite the modest decline, the crypto asset maintains its position, indicating support from buyers.

Current situation on the chart

Ethereum is at a critical point between selling pressure and buyer interest. A pullback of more than 2% in a day indicates the market’s sensitivity to negative signals. However, holding above the psychological mark of $3,000 suggests that the main trend is still stable.

Risks of daling crypto and impact on ETH

Against the backdrop of the overall weakening of the cryptocurrency market, Ethereum remains in a zone of increased volatility. Investors are actively discussing the likelihood of further decline, especially if support at the level of $3K is broken. Geopolitical factors and macroeconomic events continue to exert pressure on altcoins.

What’s next?

Speculators are watching key technical levels. A drop below $3 000 could trigger cascade sales, while a rebound above $3.5K would indicate a recovery of initiative. Currently, the market remains in a wait-and-see mode, with traders preparing for possible sharp movements.