Key Insights
- Ethereum price stayed range-bound below $3,000 despite macro tariff threats.
- Analysts flagged repeated ETH price rejections near $3,000 as buyer momentum weakened.
- Claims of BlackRock crypto selling fueled caution during low-liquidity trading hours.
Ethereum (ETH) price moved sideways this week, holding range support despite renewed macro and market pressure. The token stayed capped below $3,000 even as geopolitical headlines and claims of institutional selling hit risk assets.
The Ethereum price mattered because $3,000 remained a psychological and technical level for traders. Repeated failures above that zone kept sentiment cautious and limited upside momentum across the broader crypto market.
ETH crypto’s price action remained resilient after U.S. President Donald Trump threatened Canada with 100% tariffs. Ted Pillows said Ethereum “held up well” despite the headline risk but warned the market needed a clean break above $3,000 to avoid another downside move.
Ethereum Price Trapped in a Tight Range
Ethereum’s price continued trading inside a narrow consolidation band, according to multiple market observers. Crypto General said ETH needed a “full-body daily close above $3,000” before any trend shift could occur.
The analyst said that every attempt above $3,000 had been rejected, reinforcing range-bound conditions. He added that buyers had yet to show enough strength to push Ethereum price into a sustained breakout phase.
That repeated rejection shaped short-term positioning. Traders treated rallies toward $3,000 as selling opportunities rather than confirmation of upside continuation.
Macro Headlines Failed to Break the Range
Ethereum price showed a limited reaction to broader macro shocks during the week. Trump’s tariff threat against Canada rattled traditional markets but failed to trigger heavy selling in ETH.
Ted Pillows said Ethereum price stability during the macro scare showed relative strength. Still, he warned that sideways action left ETH vulnerable if the $3,000 barrier remained intact.
The comment aligned with recent price behavior. ETH dipped earlier in the week after failing to hold higher levels, reinforcing the risk of another pullback if momentum stayed weak.
BlackRock Selling Claims Add to Market Caution
Fresh uncertainty emerged after DeFiTracer claimed that BlackRock had started liquidating large crypto positions. The account alleged that the firm dumped ETH and Bitcoin during low-liquidity hours.
DeFiTracer did not provide transaction data or on-chain evidence to support the claim. The post still gained attention, adding another layer of caution to an already hesitant market.
Market participants treated the claims carefully. Without confirmation from on-chain trackers or official disclosures, traders viewed the narrative as a risk factor rather than a verified catalyst.
Ethereum Price Faces Clear Technical Conditions
Ethereum price continued respecting clear technical boundaries. The $3,000 level acted as overhead resistance, while recent lows defined short-term support after this week’s pullback.
Crypto General said the market remained in consolidation until ETH printed a decisive daily close above resistance. He noted that partial wicks above $3,000 failed to change structure or sentiment.
That view reflected broader market behavior. Volume remained muted during upside attempts, suggesting limited conviction among buyers at current levels.
What Traders Watched Next
ETH price entered the weekend with momentum unresolved. Traders focused on whether ETH could reclaim and hold above $3,000 on a daily closing basis.
Failure to do so increased the risk of another downside test, similar to this week’s drop. Ted Pillows warned that a repeat move remained possible if resistance continued to cap price action.
Ethereum price stayed caught between resilience and hesitation. Until buyers forced a confirmed break above $3,000, consolidation remained the dominant theme.