Ethereum Price Analysis: Is ETH in Danger of Falling Below $3K Soon?

Ethereum’s price action indicates a temporary consolidation phase following its rejection near the critical $3.5K resistance zone. A pullback toward $3K (aligned with the 200-day MA) is forming, setting the stage for a potential bullish continuation in the mid-term. ETH Price Analysis By Shayan The Daily Chart Ethereum recently experienced heightened bullish momentum, climbing above