Pullback and correction

In the daily time frame, Ethereum faces significant resistances. If the price reaches the $3300 and $3500 resistance levels, sellers might become more active, causing a pullback. This pullback allows the price to return to support levels, gathering the necessary liquidity for the next upward move. The $3100 and $2900 support levels are critical points where the price is likely to rebound, playing a key role in determining Ethereum’s future trend.