The post Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead appeared on BitcoinEthereumNews.com. Key Insights: ETH must reclaim $3,500 to target $3,800, with strong resistance slowing current momentum. Rejection near $3,500 could drag ETH below $3,000, testing support between $2,845 and $2,900. Short liquidations may trigger near $3,300, setting up a possible squeeze if price climbs quickly. Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead Ethereum was trading around $3,214.99, up 1.8% in the last 24 hours. Over the past week, the price has dropped 6%, showing continued uncertainty. Charts show Ethereum moving sideways just below $3,500, a level that held as support in the past and now acts as resistance. According to Ted, “The next crucial level to reclaim is the $3,500 zone, as it’ll push Ethereum above $3,800.” A close above this level could open the door toward the $3,700–$3,800 area. Below $3,000 Could Be Swept If Rejected If Ethereum fails to clear $3,500, the chart shows possible downside toward the $3,072 support. This level is key for bulls to hold. If lost, a drop toward the $2,845–$2,900 zone could follow. Ted added, “If ETH gets rejected, I think it’ll sweep the liquidity below $3,000.” Source: Ted/X The setup reflects this view, with visible demand zones below current price. Traders are watching for signs of weakness at $3,200. $3,300 Tagged as Short Squeeze Trigger A recent heatmap shows high liquidity near $3,280 to $3,320. This zone is loaded with short positions likely using tight stops. The red-orange bands on the chart confirm dense activity at these levels. CW noted, “If $ETH rises to just 3.3k, most high leverage short positions will be liquidated.” A quick move into this zone could force short covers and send prices moving higher at speed. Market Awaits Clear Move From Current Range Ethereum WAs stuck between two major areas: $3,500 resistance and $3,070… The post Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead appeared on BitcoinEthereumNews.com. Key Insights: ETH must reclaim $3,500 to target $3,800, with strong resistance slowing current momentum. Rejection near $3,500 could drag ETH below $3,000, testing support between $2,845 and $2,900. Short liquidations may trigger near $3,300, setting up a possible squeeze if price climbs quickly. Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead Ethereum was trading around $3,214.99, up 1.8% in the last 24 hours. Over the past week, the price has dropped 6%, showing continued uncertainty. Charts show Ethereum moving sideways just below $3,500, a level that held as support in the past and now acts as resistance. According to Ted, “The next crucial level to reclaim is the $3,500 zone, as it’ll push Ethereum above $3,800.” A close above this level could open the door toward the $3,700–$3,800 area. Below $3,000 Could Be Swept If Rejected If Ethereum fails to clear $3,500, the chart shows possible downside toward the $3,072 support. This level is key for bulls to hold. If lost, a drop toward the $2,845–$2,900 zone could follow. Ted added, “If ETH gets rejected, I think it’ll sweep the liquidity below $3,000.” Source: Ted/X The setup reflects this view, with visible demand zones below current price. Traders are watching for signs of weakness at $3,200. $3,300 Tagged as Short Squeeze Trigger A recent heatmap shows high liquidity near $3,280 to $3,320. This zone is loaded with short positions likely using tight stops. The red-orange bands on the chart confirm dense activity at these levels. CW noted, “If $ETH rises to just 3.3k, most high leverage short positions will be liquidated.” A quick move into this zone could force short covers and send prices moving higher at speed. Market Awaits Clear Move From Current Range Ethereum WAs stuck between two major areas: $3,500 resistance and $3,070…
Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead
ETH must reclaim $3,500 to target $3,800, with strong resistance slowing current momentum.
Rejection near $3,500 could drag ETH below $3,000, testing support between $2,845 and $2,900.
Short liquidations may trigger near $3,300, setting up a possible squeeze if price climbs quickly.
Will ETH Hit $3,800 or Crash Below $3K? Key Level Ahead
Ethereum was trading around $3,214.99, up 1.8% in the last 24 hours. Over the past week, the price has dropped 6%, showing continued uncertainty.
Charts show Ethereum moving sideways just below $3,500, a level that held as support in the past and now acts as resistance.
According to Ted,
A close above this level could open the door toward the $3,700–$3,800 area.
Below $3,000 Could Be Swept If Rejected
If Ethereum fails to clear $3,500, the chart shows possible downside toward the $3,072 support. This level is key for bulls to hold. If lost, a drop toward the $2,845–$2,900 zone could follow.
Ted added,
Source: Ted/X
The setup reflects this view, with visible demand zones below current price. Traders are watching for signs of weakness at $3,200.
$3,300 Tagged as Short Squeeze Trigger
A recent heatmap shows high liquidity near $3,280 to $3,320. This zone is loaded with short positions likely using tight stops. The red-orange bands on the chart confirm dense activity at these levels.
CW noted,
A quick move into this zone could force short covers and send prices moving higher at speed.
Market Awaits Clear Move From Current Range
Ethereum WAs stuck between two major areas: $3,500 resistance and $3,070 support. Daily volume stands at $18.1 billion, showing strong market interest during this pause.
Whether ETH breaks above $3,500 or moves lower will likely define the next trend. Until then, price remains range-bound, with liquidity on both sides. Traders are watching these levels closely for a signal.
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