$ETH
ETH
1,943.28
-0.88%
Ethereum is currently navigating a bearish phase, hovering around the $2,016 mark. After a sharp 35% drawdown from early-year highs, ETH is testing critical support.
Key Highlights:
Trend: "Strong Sell" signals dominate daily moving averages, with RSI near 34 indicating oversold conditions.
Support/Resistance: Immediate support sits at $1,940-$2,000; a break below could trigger further slides. Resistance remains firm at $2,150.
Silver Lining: Institutional whales like BitMine are accumulating, signaling long-term conviction despite the "risk-off" macro mood.