$ETH /USD $2,045.90
Market overview:
Ethereum is facing selling pressure and is down approximately 8.44% over the last 7 days. Buyers are struggling to regain momentum, while market sentiment remains cautious.
Important price levels:
Support: $2,000–$2,035
Resistance: $2,100–$2,150
Next upside target: $2,300
Downside risk: $1,900 if support breaks.
My outlook: ETH needs to hold above $2,000 and break $2,150 to show signs of recovery. A break below $2,000 could bring further downside.
Bullish confirmation: A strong breakout above $2,150.
Bearish confirmation: A confirmed breakdown below $2,000.
Trading view: Cautious. Avoid chasing trades; wait for confirmation.#HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #ChipStocksExtendLossesAfterNvidiaCEOChange #CoreWeaveJumps10%On168%RevenueGrowth
Market overview:
Ethereum is facing selling pressure and is down approximately 8.44% over the last 7 days. Buyers are struggling to regain momentum, while market sentiment remains cautious.
Important price levels:
Support: $2,000–$2,035
Resistance: $2,100–$2,150
Next upside target: $2,300
Downside risk: $1,900 if support breaks.
My outlook: ETH needs to hold above $2,000 and break $2,150 to show signs of recovery. A break below $2,000 could bring further downside.
Bullish confirmation: A strong breakout above $2,150.
Bearish confirmation: A confirmed breakdown below $2,000.
Trading view: Cautious. Avoid chasing trades; wait for confirmation.#HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #ChipStocksExtendLossesAfterNvidiaCEOChange #CoreWeaveJumps10%On168%RevenueGrowth
