š„ Ethereum Alert: ETH on the Brink ā $2,000 in Sight
$ETH is flashing serious bearish signals. March 2025 could be make-or-break for the worldās #2 crypto.
š Technical Breakdown:
⢠Inverse cup & handle completed ā classic reversal pattern
⢠Broke $2,960 neckline, now a major resistance
⢠Trading below 20 & 50-day MAs ā bearish momentum intact
⢠Down ~60% from last yearās peak
šÆ Critical Price Zones:
⢠$1,665 ā $1,725 = key downside target
⢠$2,000 = psychological support ā break below could trigger accelerated selling
š On-Chain Insight:
⢠MVRV ratio = holders increasingly underwater ā capitulation risk rising
⢠Investors reducing exposure, ETH moving off exchanges ā risk-off sentiment building
ā ļø Macro Pressure:
⢠Tech & AI sector concerns = correlated risk-off
⢠High-growth crypto assets remain vulnerable to broader market shocks
š§ Takeaway:
Bearish patterns + weakening on-chain metrics + macro headwinds = high probability of $2,000 test.
Watch carefully:
⢠$1,665 ā $1,725 = critical support
⢠$2,960 = must reclaim to flip momentum bullish
Stay alert. Trade smart. Charts and macro flows matter now more than ever.
#Ethereum #ETH #CryptoTrading #bearishsignals #TechnicalAnalysis #BinanceSquare #CryptoMarket
