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$ETH daily update - December 5
Price sitting around $3K.
Holding the big uptrend line near $2.9K – buyers still defending that level
But price is still stuck under the daily EMA ribbon / resistance at $3.15–3.30K
What I’m watching:
Flip and hold >$3.2K → room to push toward $3.6–3.8K
Lose the trendline / <$2.9K → risk of a move down to $2.7K, even $2.4–2.5K
For now: ETH is bouncing from support but still fighting the downtrend.