Let’s win this $3,000 support

I’ve been watching ETH very closely over the past two weeks, and one thing has stood out consistently. Almost every time price approaches the $3K level, we see a rejection, followed by a retest, and then another sell-off. It’s been a pretty reliable pattern, which has kept $3,000 acting as a stubborn resistance zone rather than a true support.

What’s interesting right now is that this is the first time we haven’t immediately rolled over after the retest. Instead of sharply rejecting, ETH is consolidating around $3,000 and attempting to hold above it. That shift in price behavior matters. When an asset stops reacting the way it “normally” does at a key level, it often signals a change in underlying market dynamics.

Rather than seeing aggressive selling pressure, buyers appear to be stepping in and absorbing dips. Price is spending time above the level instead of quickly falling back below it, which increases the probability that $3K could flip from resistance into support.

Of course, nothing is guaranteed in this market. A failed hold would likely lead to another breakdown and continuation of the range we’ve been stuck in. But if this level holds, it could open the door for a stronger move higher and restore some short-term bullish momentum.

Watching closely to see if $3,000 gets defended.

#goETH 🚀