ETH Holds $3,275 Support as Ethereum Trades Within Weekend Range

⬤ Ethereum has found its footing after briefly dipping near the $3,275 level and bouncing back above that zone. Recent market observations show that holding these lows after the liquidity sweep has played out as expected, with ETH managing to stay above support rather than breaking down further. The price is now consolidating above this area, signaling that immediate downside pressure has cooled off for now.

⬤ Since then, price action has tightened into a narrow range—pretty typical for weekend trading when volume dries up. ETH is still sitting below the $3,330 mark, which traders are watching as a key structural level. Without a push above that resistance, Ethereum has been moving sideways, more of a pause than any real directional momentum. This consolidation comes right after the earlier liquidity grab, and it looks like the market is just waiting for more participants to step in.

⬤ Looking ahead, there are a couple of paths depending on how ETH behaves around current levels. If the price continues grinding higher and sweeps weekend liquidity early next week, it could reclaim that $3,330 area. That would mark a market structure break and shift attention toward the weak monthly high around $3,400. A break above $3,450 would be an even stronger bullish signal and could open the door for more upside.

⬤ On the flip side, the downside scenario is pretty clear too. If Ethereum loses $3,275 support and starts trending lower, price would likely hunt for deeper liquidity before any real bounce develops. For now, ETH is stuck in weekend mode—range-bound with limited movement. How it reacts once liquidity picks up early next week will be crucial for figuring out where it’s headed in the short term.