#ETHTrendWatch Here’s a detailed look at Ethereum’s current market trend, technicals, sentiment, and on-chain indicators:
1. Current Price Action
ETH is trading above $3,200, maintaining relative strength compared to many altcoins.
Support levels around $3,150–$3,200 have held firmly through recent market fluctuations.
Resistance is near $3,400–$3,450, where short-term profit-taking appears.
Insight: Ethereum is showing stability and resilience, which is often an early indicator of broader market recovery.
2. Technical Indicators
RSI: Around 50, indicating balanced buying and selling pressure