Ethereum is also sitting at a key decision zone here.
$2950 remains the local resistance, while $2800 is the main support level to watch. Another rejection at $2950 would put the focus squarely on whether $2800 can hold.
If price stabilizes above this support, there’s still a decent chance for a move back into the $3050–3100 area. But if we lose $2800 and start accepting below it, the path opens up toward the $2600–2400 zone.
$2950 remains the local resistance, while $2800 is the main support level to watch. Another rejection at $2950 would put the focus squarely on whether $2800 can hold.
If price stabilizes above this support, there’s still a decent chance for a move back into the $3050–3100 area. But if we lose $2800 and start accepting below it, the path opens up toward the $2600–2400 zone.
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