- ETH holds higher lows under $3,411 and $5,887 resistance as compression shapes the current structure.
- Analysts track support near $2,800–$3,000 while volume shelves define upcoming reaction zones.
- Market data shows strong liquidity and steady participation as ETH maintains long-term trend support.
Ethereum continues to maintain a market structure that hints at a move toward new all-time highs, although current price action shows active volatility across multiple timeframes. Data from recent sessions shows controlled trading behavior, strong liquidity, and steady participation, while several analysts point to structural features that remain intact despite the current retracement phase.
ETH Structure Builds Toward a Potential Breakout
Ethereum trades at $3,168.80 after a 24-hour decline, yet the broader chart maintains higher lows along an ascending trendline. According to analysis prepared by Javon Marks, the market forms a pattern of higher lows while holding compression beneath resistance at 3,411.71 and 5,887.42. The RSI forms higher lows as well, and it moves within a contracting range that aligns with the broader trend.
Trading data from Coingecko shows the 24-hour range between $3,126.05 and $3,512.33, and participation remains strong with more than $51 billion in trading volume. The market cap stands at $385.39 billion, and circulating supply is reported at 120.69 million ETH.
The chart records downward pressure early in the session, and it later shows steady movement near the $3,150 area as price holds within a stable intraday band. Volume behavior shows controlled activity during the compression phase. Analysts report that such setups often come before broader expansions, and Ethereum continues to respect long-term trend support as buyers and sellers interact near key intraday levels.
Analyst Targets and Volume Zones
According to an observation by Donald Dean, Ethereum could retest the $2,800 to $3,000 zone, which he views as a strong support band. He maintains targets at $4,955 and $5,766, which align with earlier structural markers and a 50% ETH/BTC retrace level.
Dean assigns an “Accumulate” rating and notes that the broader setup remains intact. The chart shows Ethereum trading above several moving averages while moving toward a lower volume shelf near $3,260. A second volume shelf appears near $2,895, and candles move within a broad consolidation range.
The volume profile shows heavier activity near $4,495, and it shows lighter activity below current price levels. Overall, the structure reported by multiple analysts shows Ethereum maintaining conditions that hint at progress toward new all-time highs once momentum recovers.
