Ethereum 3040–3080 is a stable structure during this sideways movement, rather than a struggle after a breakdown. The price is running close to the middle of the Bollinger Bands, and the bulls are still maintaining the rhythm. The MACD shows a shortening of the red bars at a low level, which forms a divergence with the price stabilization, indicating a positive phenomenon. Although the trading volume is not large, it is relatively more stable compared to BTC and SOL.

The current structure is classified as a "strong consolidation," waiting for Bitcoin to provide direction.

Once Bitcoin stabilizes above 90k, or any strong bullish candle drives sentiment, ETH will be among the first mainstream coins to follow the rise.

Focus on the breakout nodes at 3150–3200 above.

As long as it does not fall below 2970, this is a healthy consolidation. $ETH #ETH走势分析 #美联储降息 #美联储降息预期升温

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