$ETH ‌ETH price shows strength after reclaiming the 2.7K demand zone

ETH price staged a strong recovery after dipping into the 2.7K support area, where buyers stepped in aggressively. This reaction pushed price back above the 3K psychological level, signaling that demand remains active at lower levels.
The bounce was fast and decisive, but price is now trading near a zone where sellers previously showed interest. This makes the current area important for determining whether the move can extend or turns into a temporary recovery.
Key resistance begins to form near recent highs
The 3.05K–3.10K region is emerging as a short-term resistance area. This zone aligns with prior rejection levels and represents an area where supply could begin to outweigh demand again.
When price approaches resistance after a sharp rebound, the market often pauses. If buyers are unable to push through with conviction, upside momentum can fade quickly. At this stage, ETH needs acceptance above this zone to maintain bullish continuation.
Repeated hesitation near resistance usually indicates that buyers are becoming passive while sellers regain control.
Bullish structure remains valid above 3K support
As long as ETH continues to hold above the 3K support zone, the broader short-term structure remains constructive. This level now acts as a key line in the sand for buyers.
If price consolidates above this area and volume supports the move, ETH could attempt another push toward 3.2K, which represents the next major upside level in the current structure.
However, bullish continuation requires stability. Sharp wicks and weak closes above resistance would suggest that the move is corrective rather than impulsive.
Bearish risk if support fails
If ETH loses the 3K support on a decisive breakdown, downside risk increases. A failure here could open a move back toward the 2.85K region, which acted as a key reaction zone during the previous drop.
This type of move would not necessarily be a crash. Often, markets rotate lower in a controlled manner after strong bounces, especially when late buyers enter near resistance.
A clean break below support would signal that the recovery has lost strength and that sellers are regaining dominance.
Market structure favors reaction, not prediction
ETH is currently positioned between support at 3K and resistance near 3.1K, placing the market in a decision zone. Until price either accepts above resistance or loses support, direction remains uncertain.
Even if price pushes higher temporarily, the move would remain corrective unless ETH establishes acceptance above resistance with sustained buying interest.
What to watch next
ETH is holding above a critical demand zone, but resistance pressure is building overhead.
If support holds, upside attempts toward higher levels remain possible.
If support fails, a deeper rotation toward lower demand zones becomes likely.
At this point, price reaction matters more than indicators.