#Ethereum is approaching $3,300.#

Ethereum is currently hovering around $3,273, with the market closely watching the $3,300 level as a short-term key resistance, which will determine its next move. Ethereum price is currently consolidating between $3,200 and $3,300 after a sharp drop from $4,111. A break above $3,400 could signal bullish potential, while a break below $3,100 would confirm a bearish trend. Currently, $3,300 acts as a short-term resistance, with high volume indicating strong selling pressure. Oscillators are neutral, but MACD suggests bearish momentum. Moving averages are currently favoring sellers, with key support levels near $3,265 and $3,109. Overall, the market remains cautious about the future direction of Ethereum, with the $3,300 breakout being a crucial level that will determine whether Ethereum continues to decline or bounces back.