Ethereum (ETH) continues to trade in the $3,100 range. Daily trading volume has increased by over 77%, reaching $33.87 billion. This surge comes as traders navigate an uncertain market atmosphere characterized by both uncertainty and caution regarding crypto assets. The majority of cryptocurrencies are experiencing losses, with Bitcoin (BTC) stalling around $95,000. Ethereum’s price, however, has dipped slightly by 0.71%, although bears have been exerting pressure. This suggests a potential for market volatility. 77.16% increase in trading volume was recorded on Ethereum in the last 24 hours as it traded between highs of $3,244.84 and lows of $3,070.07. The market witnessed liquidations of $169.92 million worth of Ethereum during the past 24 hours. Analyzing this data can provide valuable insights into potential price movement. 46.04 on the RSI highlights neutral-to-slightly bearish momentum. While the bulls have a clear advantage in the market, with Ethereum’s Bull Bear Power (BBP) reading at 19.98. Can Ethereum escape this weak market structure?