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$ETH is recovering after a pullback - the price is around 2,996.8, positioned above the 7/25/99 hour MA (around 2,988 / 2,981 / 2,926), thus the situation is mixed with a cautious bullish bias. Several clean breaks around 3,000–3,050 (short-term resistance/recent highs) will open space towards ~3,100–3,150. Immediate support is located around 2,950–2,900, with deeper swing lows of ~2,775 serving as stronger support. Trading Volume surged during the rebound and then weakened; the continuation of bullishness requires maintaining buying and following up above the 3,000 area.