According to Milk Road (@MilkRoadDaily), recent market sentiment shows Ethereum ($ETH) experiencing notable downward pressure, with price action reflecting underperformance compared to Bitcoin and other altcoins. Technical analysts point to critical support levels around $2,800 and resistance near $3,200, suggesting traders should closely monitor these zones for potential breakout or further declines (source: Milk Road, April 27, 2025). Volume trends and on-chain activity also indicate weakened bullish momentum, making short-term caution advisable for ETH traders.