Ethereum Price Holds Steady near $3,000: What’s Driving the Market?

Ethereum price has shown resilience, stabilizing around the $3,000 mark despite recent volatility. Buyers are attempting to defend this crucial support range as market participants await signals from broader conditions and catalysts like Bitcoin’s next move or the upcoming U.S. NFP report. 19B in trading volume reflects active participation even with sellers remaining at higher levels. While Ethereum remains cautiously positioned, its movement near a key support zone offers insights into market direction.