Ethereum (ETH) has recently experienced a drawdown to $3,300, but this level is solidifying as a support floor. Increased on-chain activity and strong investor interest suggest improving network fundamentals. ETH is currently priced at $3,358, with critical support at $3,327 and resistance at $3,524. Breaching this resistance could push ETH towards $3,721 and potentially $4,000, signaling renewed bullish momentum. However, losing the $3,327 support could lead to a decline towards $3,000. Investors are showing long-term confidence by removing ETH from exchanges, indicating optimism about its price trajectory. #Ethereum #ETH #Crypto #MarketAnalysis