$ETH Ethereum Trend
Ethereum is trading in a bearish to sideways zone around ~$2,000–$2,300, with recent moves showing weak upward momentum and sellers still dominant on the chart. A break below critical support could lead to deeper declines, while reclaiming key resistance is needed for recovery.
Key Levels
Immediate Support: ~$1,850–$2,000 — this zone is crucial to hold for downside protection.
Strong Support Zones: ~$1,650–$1,750 (lower demand area if breakdown continues).
Resistance:
Near $2,200–$2,300 — first barrier for a bounce.
Next possible resistance $2,800+ on a bullish turn.
Chart Structure
Price remains below major moving averages — indicating bearish momentum.
Lower highs and lower lows on the daily chart suggest that sellers are in control until buyers push ETH above key resistance.
