is trading at $3,343, down 2.65% in the last 24 hours. The token faces resistance near $3,500, while support lies at $3,000.
ETH’s fundamentals remain solid, supported by robust Layer-2 adoption, staking engagement, and sustained developer activity.
Despite the short-term softness, analysts point to continued network growth and strong demand for ETH in DeFi and staking protocols as key long-term positives.
