📊 $ETH Market Analysis
ETH is currently trading at 1,945.99, showing a bearish structure with lower highs and selling pressure increasing.
ETH
1,945.99
-0.99%
🔹 Market Structure:
· Lower highs forming
· Price trading below key moving averages (MA25 & MA99)
· Sellers in control in the short term
📌 Key Levels:
Support:
· 1,918 – Immediate support
· 1,893 – Next support
· 1,888 – Strong support zone
Resistance:
· 1,948 – MA25 resistance
· 1,977 – Short-term resistance
· 2,006 – Major resistance
🎯 Take Profit (Short-Term):
· TP1: 1,918
· TP2: 1,893
· TP3: 1,888
📉 Order Book Sentiment:
· Bid: 37.58%
· Ask: 62.42%
→ More sellers currently active
As long as ETH stays below 1,950, downside pressure is likely to persist. A break above 1,977 could signal a short-term reversal.
Trade carefully and always manage your risk.