Ethereum climbs past $3,100, retests $3,200 as buyers defend $3,120 support

Ethereum extended its advance above $3,050 and $3,100, briefly tagging $3,218 before consolidating around the $3,200 area. The price holds above the 100‑hour Simple Moving Average with a short‑term trend line near $3,120; traders are watching $3,200–$3,220 and $3,250 for a breakout, while $3,165 and $3,120 act as initial supports.