$ETH
ETH is still under downward pressure in the market, with the price falling below important support levels, indicating a continued short-term bearish trend unless it rebounds strongly higher.
📉 Current technical trend:
The price is trading below key support levels and has broken the support around ~1,960 dollars, which reinforces the short-term negative outlook.
The first resistance on the rise, so any increase needs to break through it first to show a reversal.
📌 Key points to follow:
Important support: If ETH maintains levels of ~1,900‑2,000 dollars, it could stabilize.
Critical resistance: A break above ~2,200 dollars opens the door for further gains.
Summary:
The closest scenario now is bearish/consolidating in the short term unless a buying wave occurs that brings the price above the nearby resistance.
