$ETH is trading sideways just below $3,000, indicating tension rather than weakness. The price hovers around $2,950–$2,960, slightly down for the day and week, but maintaining structure amid macro noise and a #Bitcoin-led market
Positioning is mixed. Large players and treasuries are accumulating aggressively, tightening liquid supply, while spot ETFs show intermittent outflows, keeping sentiment cautious. Social mood is slightly below neutral—there's no panic, just patience.
Key levels are crucial:
Support: $2,800–$2,850 is the line bulls must defend. As long as this holds, downside risk remai