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$ETH Market Breakdown
Current Price: ~$2912
Key State: Range compression after leverage flush
ETH longs liquidated near $2918 confirm rejection from the upper range.
Support Zones:
$2860 – critical short-term support
$2795 – high conviction demand zone
Resistance Zones:
$2965 immediate
$3040 major breakout level
Market Insight:
ETH remains range-bound. Liquidations are clearing leverage, not breaking structure — yet.
Sentiment:
Neutral, cautious, professional money waiting.
Targets:
Downside test of $2860 possible
Upside only valid above $2965 reclaim
Next Move:
Patience. ETH rewards discipline, not emotion.
$ETC #ETFLeveragedTokenTradingCarnival #2025GateYearEndSummary