Ethereum price prediction. Buyers step back in as $3,300 liquidity shelf holds

Traders Union
All News
Crypto
Ethereum steadies near $3,334

Highlights

- Ethereum holds above $3,334 as spot flows turn positive after heavy outflows.

- Long/short ratios remain bullish across exchanges despite recent volatility.

- Key resistance sits at $3,739–$3,951, where EMAs and trendline pressure converge.

The rebound came as spot flows flipped positive for the first time in over a week, suggesting buyers are beginning to re-enter after aggressive selling.

Buyers defend key liquidity zone

On the daily chart, Ethereum continues to trade inside a broad consolidation pattern but has now confirmed strong demand at the $3,300–$3,350 base. The recent bounce came after price tagged the 200-day EMA at $3,597, triggering an immediate recovery. Candle formations at that level show absorption by large buyers, indicating that institutional interest remains active when price tests major support.

ETH price dynamics (Source: TradingView)

The recent selloff began with a rejection from the descending trendline that has capped every rally since April. Price then slipped below the 20-day EMA ($3,739) and 50-day EMA ($3,951), both of which now serve as overhead resistance. These EMA’s form the short-term barrier bulls must reclaim to flip market structure back to bullish. Until that happens, ETH remains in a corrective phase within a larger consolidation.

Momentum indicators are stabilizing. The RSI has flattened near 43 after drifting lower for days, hinting that selling pressure is losing force. The setup resembles prior accumulation zones where volatility contracts before trend resumption.

Derivatives reset and flows signal early accumulation

Market flows support the technical narrative. Spot data showed +$1.47 million in net inflows in the last session, reversing a week of persistent outflows. Although cumulative flows remain negative, the shift suggests bargain hunting as traders look for entry points. Derivatives positioning confirms a reset rather than capitulation. Open interest dropped 1.42% to $38.82 billion, reflecting liquidation of leveraged longs rather than new short exposure. Clearing excess leverage often strengthens the foundation for reversals. Meanwhile, long/short ratios remain elevated — 2.64 on Binance and 2.32 on OKX — showing that traders continue to favor long positions despite recent volatility.

Liquidations in the last 24 hours totaled $129 million, mostly from long positions, producing a brief wick lower before the price rebounded. This type of washout-and-reclaim pattern often marks the end of short-term selloffs. The technical path is now clearly defined. Bulls need to push ETH above the 20-day EMA at $3,739 to regain momentum. A close above $3,951, where the 50-day EMA sits, would confirm renewed strength and open the door toward the descending trendline near $4,400. A breakout from that level could trigger a rally toward $4,800–$5,200, aligning with the next major liquidity zone.

Failure to hold the $3,300–$3,350 base would shift focus to the $3,000–$3,050 range, followed by structural support at the 200-day EMA ($2,800). Earlier analysis highlighted this $3,300 support shelf as Ethereum’s key battleground — and the recent reaction validated its strength. The latest bounce, accompanied by improved flows and a derivatives reset, suggests conviction is returning among buyers. However, with major resistance still overhead, bulls must reclaim control of the $3,739–$3,951 range before the next leg higher can begin.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.