High
The ethereum price is at a critical juncture, with $3,050 acting as a major resistance. a clear break above this level is crucial for a significant recovery, potentially leading to $3,220 or higher. failure to conquer $3,050 could lead to a fresh decline towards $2,880 or even $2,750.
High
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Neutral
Currently, eth is consolidating losses below $3,050. while there's a minor recovery attempt and a break above a contracting triangle, the price remains below the key $3,050 resistance. the direction hinges entirely on whether bulls can push past this level; otherwise, a fresh decline is likely.