$ETH Ethereum is trading near $1,834.06 after declining 3.8% over 24 hours and 18% over seven days. The breakdown below the psychological $2,000 level, combined with institutional ETF outflows and long liquidations, reflects significant market weakness. Traders are monitoring the $1,780–$1,800 zone for potential demand. Until recovery strength emerges, ETH remains vulnerable to continued selling pressure.
📈 Bias: Bearish | 🎯 Entry: Confirmation on rejection below $2,000 | 🛡 Support: $1,780–$1,800 | 🚧 Resistance: $2,000 | 🎯 Targets: Not supplied | ❌ Invalidation: Not supplied.
Strategy: Monitor resistance rejection near $2,000 for bearish confirmation. Watch the $1,780–$1,800 zone for a potential support reaction.
#ETH #Ethereum #CryptoTrading #Binance #MarketAnalysis
📈 Bias: Bearish | 🎯 Entry: Confirmation on rejection below $2,000 | 🛡 Support: $1,780–$1,800 | 🚧 Resistance: $2,000 | 🎯 Targets: Not supplied | ❌ Invalidation: Not supplied.
Strategy: Monitor resistance rejection near $2,000 for bearish confirmation. Watch the $1,780–$1,800 zone for a potential support reaction.
#ETH #Ethereum #CryptoTrading #Binance #MarketAnalysis
