Ethereum Price Prediction: ETH Price Attempts Recovery While Flows Hint at Short-Term Calm

• ETH hovers near $3,010 support, testing key Fibonacci zones for near-term stability.
• Bulls must reclaim $3,163–$3,268 to shift sentiment and reduce selling pressure.
• Elevated open interest and mixed spot flows keep liquidation risk and caution high.

Ethereum’s price action has started to calm after a steep drop from the $3,400 swing high, but the broader 4-hour structure still looks fragile. ETH hovered near $3,010 at the latest reading as traders watched for signs of stability after several Fibonacci supports failed. 

While the rebound attempt has reduced near-term panic, analysts tracking momentum tools say bulls still need more than a bounce. They need a clean reclaim of key resistance zones to shift sentiment back to recovery mode.

Support Zones Define the Next Risk Point

ETH now sits on an important support cluster around $3,010–$2,990, which has a…

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