Ethereum remains capped beneath the $3,300–$3,700 supply zone, with the 200‑day and 100‑day moving averages acting as resistance. Price is hovering above $2,800 support, and open interest is around $18B. A loss of $2,800 may trigger a quick move toward $2,600, while failure to clear resistance increases the odds of a pullback toward $2,700.

Bitcoin is trading in a compression phase below major resistance, with price caught between a descending trendline and support near the $82K–$84K zone. On lower timeframes, repeated failures around the $89K–$90K region and a declining taker buy–sell ratio point to persistent sell-side pressure. Unless BTC can close above its main trendline or reclaim $90K, the structure leans toward continued consolidation or further downside.