#ETHTrendWatch Ethereum (ETH) is currently trading around $2,950, with the market showing clear indecision.
The $3,000 level has once again turned into a strong resistance, while buyers remain active in the $2,800–$2,900 support zone.
🔍 Current Market Snapshot
Short-term trend: Sideways to Bearish
ETH has failed to deliver a clear breakout so far
Trading volume remains cautious as traders wait for confirmation
🐳 On-Chain Signals
Whales are gradually accumulating ETH
Staking activity and network fundamentals re