$ETH is currently battling the $2,000 psychological support level following a volatile week that wiped significant value off the global market cap.

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The "Warsh Effect" and Fed leadership changes have spiked the US Dollar, curbing appetite for high-beta assets like ETH.

While the RSI has hit "oversold" territory (near 20-25), suggesting a potential bounce, a clean reclaim of $2,200 is necessary to restore bullish momentum.

Over $2B in liquidations have cleared the path for more stable organic price action, but liquidity remains thin.

​Trading Setup:

Entry Zone: $1,980 - $2,020

TP: $2,150 | $2,340

Stop Loss: $1,880

ETHUSDT

Perp

1,917.64

-1.26%

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