Ethereum finds itself at a crucial crossroads after a sharp move through the $3,160 resistance zone. A clear breakout could unlock higher upside targets, while a failure at this level could trigger a short-term pullback as the market seeks stronger support before its next breakthrough move.
A direct push into the $3,160 resistance zone
Lennaert Snyder noted in a recent update that Ethereum moved directly into a key resistance zone around $3,160. Similar to Bitcoin, ETH saw a typical Sunday rally that took the price straight towards overhead resistance, putting the market at a key decision point.
With Ethereum now trading around the $3,160 level, Snyder explained that a confirmed recovery from the 4-hour level could open the door for long positions. In this scenario, upside targets stand near $3,250, with the final target at $3,390.
However, Snyder also warned that Monday sessions often fade or completely retrace Sunday’s movements. A clear break in the market structure could therefore validate short configurations at the start of the week. If such a pullback occurs, price could return to lower levels in search of a higher low, potentially setting the stage for a more sustainable, smart money-driven rally.
On the other hand, Snyder highlighted that a reversal of resistance-turned-support near $3,050 could provide an interesting entry, while a deeper sweep towards the weak lows of $2,880 could also provide opportunities if demand intervenes.
Ethereum Holds Broader Structural Support on Weekly Chart
According to More Crypto Online, Ethereum is still near a broader structural support zone on the weekly chart. This area continues to provide a basis upon which an upward response remains possible, although such a development need not occur immediately. The analyst noted that the price could still reach an additional low early next year before the market reveals a clearer development.
The main resistance zone remains the most important reference point in the current structure. How Ethereum behaves as it approaches this region will be decisive in determining which of the larger market scenarios ultimately takes control.
For now, both main scenarios remain technically valid, and the weekly chart has yet to confirm the market’s commitment to a single path, keeping the broader outlook balanced and unresolved. This uncertainty reinforces the need for patience as the structure continues to develop.
What will ultimately change the odds is price action around these key areas. Although the chart does not provide clear answers at the moment, it clearly defines market conditions. These conditions should help reveal the direction Ethereum favors in early 2026.
