Ethereum Price Analysis: $3K to $3.3K Resistance Zone Threatens Fresh Downside Risk

Ethereum is currently trading sideways just under $3,000, holding within a wider range between $2,700 support and $3,300 resistance. Technical indicators such as the 100-day and 200-day EMAs, along with a subdued RSI, suggest buyers lack momentum while on-chain data shows a recent uptick in exchange reserves. A breakdown below $2,700 may reopen the path toward the $2,200 demand zone, whereas a clear move above $3,300 could pave the way toward $3,700.