Ethereum (ETH) continues to trade below a descending trendline, constrained within a tight range between $3,190 and $3,405. The lack of significant spot market accumulation has kept ETH prices stable, currently hovering around $3,030. Support levels between $2,900 and $2,950 are holding firm, preventing further declines. Market activity remains subdued, with no decisive price movement or prediction emerging from recent trading patterns.