Ethereum Struggles at Key Resistance 3200–3250 as Santiment Warns of Market Fatigue and Dwindling Buy-the-Dip Momentum

ETH

ETH/USDT

$2,022.85

+1.74%

$2,022.85

+1.74%

(24s)

24h Volume

$6,206,664,490.61

24h H/L

$2,046.60 / $1,979.99

Change: $66.61 (3.36%)

Long/Short

72.1%

Long: 72.1%Short: 27.9%

Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,020.29

▲ 1.38%

Volume (24h): -

Resistance Levels

Resistance 3$2,383.03

Resistance 2$2,199.02

Resistance 1$2,082.07

Price$2,020.29

Support 1$2,016.97

Support 2$1,936.48

Support 3$1,747.80

Pivot (PP):$2,016.97

Trend:Downtrend

RSI (14):44.4

COINOTAG News notes that Santiment’s careful sentiment analysis shows fatigue after a shallow rebound, erasing the previous buy signal and signaling a cautious stance for traders amid elevated volatility.

Ethereum faces a decisive resistance band in the $3200-$3250 range, where intensified battles between buyers and sellers have been observed. A sustained move through this zone could re-ignite upside momentum; failure may prompt a retest of recent lows.

Santiment analyst Maksim projects a possible retest of recent lows after testing this level, underscoring cautious market risk. On-chain and social data reflect a shift away from the buy the dip narrative, with investors watching for liquidity risks at entities such as Strategy.