Ethereum remains under pressure near the $3,100 level as price action tightens and short-term volatility fades. ETH traded at $3,085.30 over the past 24 hours, posting a 0.67% decline while market participants monitored a narrowing range.
Price movement showed early weakness near $3,060, followed by a brief push above $3,120 that later reversed, keeping Ethereum locked in consolidation.
Ethereum has been unable to move up and gain the $3,100 price level back after the fluctuation of the weeks that it went through without a clear trend. The ascending price attempts are clearly illustrated on the chart, but every time the price went up, it faced resistance and was unable to make further upward moves. Consequently, ETH slowly went down and remained around the $3,080 mark, which was a good support area.
Ethereum market cap is reported to be $372.38 billion, which is in line with the 0.67% daily decrease in the price of the crypto asset. Simultaneously, the trading volume for the last 24 hours was $16.34 billion, which indicates that there is still a lot of interest in the market despite the price not moving much.
Liquidity was not an issue as the market remained calm with the volume-to-market-cap ratio at 4.41%. This level indicates that there are no sharp swings being made by the traders as the prices are compressing; rather, there is a constant turnover being made.
According to a recent report from CryptoQuant, Ethereum’s Accumulating Addresses Realized Price tracks the average cost of addresses that steadily accumulate ETH. This metric reflects long-term positioning rather than short-term trading behavior.
Since 2020, this realized price has moved consistently higher. During the 2022–2023 drawdown, Ethereum price fell sharply, yet the accumulation cost remained largely stable, showing no broad capitulation among long-term holders.
Currently, this realized price sits around the $2,700 to $2,800 range. This band now represents a structural cost zone where long-term accumulation has continued.
CryptoQuant data shows that ETH’s accumulation cost has endured several stress periods, including 2018, 2020, 2022, and 2025. Each test occurred during broader market weakness, yet the cost base held firm.
By contrast, the wider altcoin market, excluding Bitcoin, followed a different path. Many tokens saw deep declines without forming a durable accumulation base, which led to weaker recoveries across the sector.
As Ethereum trades near $3,080 with controlled selling pressure and modest volatility, the focus shifts to a single issue: can this long-term accumulation structure continue if the price remains capped below resistance?
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Ethereum price remains capped below $3,100 as short-term momentum fades and consolidation tightens near $3,080. At the same time, on-chain data shows a stable long-term accumulation zone around $2,700 to $2,800. This structure keeps attention on whether long-term holders maintain positioning as market conditions evolve.