On the daily chart, Ethereum price remains structurally intact above its broader demand region between $2700-$3000. While downside volatility has increased, ETH price is still holding the rising trend structure, implying that the move was taken as a retracement rather than a full trend reversal.
A decisive break below $2750 would expose ETH to deeper downside toward $2500 followed by $2200, but as long as ETH price holds above the support zone of $2700, a potential reversal could be expected with the upside target of $3150 followed by $3300 in the near term. Crucially, the price is consolidating while on-chain demand is rising, a divergence that historically precedes trend continuation rather than trend failure.
FAQs
Price often reflects short-term liquidity and sentiment, while on-chain data tracks longer-term usage and holder behavior. These two can diverge for weeks before converging.
Short-term traders face higher volatility and false signals, while long-term holders are less impacted and may benefit from accumulation phases driven by fundamentals.
Confirmation typically comes from sustained price acceptance above key resistance alongside continued growth in active addresses and stable exchange outflows.
Periods of price consolidation often shift focus toward development, DeFi usage, and network upgrades, which can strengthen the ecosystem regardless of market noise.
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