ETH is currently trading at $1,992, showing a modest 2.27% gain, but the broader picture looks rough. The moving averages paint a clear story: MA(7) at $2,043, MA(25) at $2,514, and MA(99) way up at $2,949. All three are stacked above the current price, which is classic bearish structure—each one acting as resistance.
Volume is also drying up. MA(5) and MA(10) on volume are both sloping down, signaling weakening momentum and fewer traders jumping in.
Price recently broke below $2,000 and is hovering near lows not seen in weeks. Until ETH reclaims $2,050 and then $2,500, upside remains shaky. For now, it’s defense, not attack.$ETH
ETH
1,920.66
-1.19%
BTC
65,532.02
-2.61%
XRP
1.3586
-1.52%
#CZAMAonBinanceSquare #USNFPBlowout #TrumpCanadaTariffsOverturned #USRetailSalesMissForecast #WhaleDeRiskETH