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$ETH
price remains volatile around key support near ~$1,900–$2,000 as markets digest recent selloffs and ETF outflows.
Short-term price action shows bearish momentum below major EMAs, with downside risks if $1,865 support breaks.
Technical indicators (RSI oversold) suggest relief bounces possible, with target resistance near $2,300–$2,400 if buyers return.
Broader crypto weakness has pressured ETH along with BTC and other majors, though periodic rebounds reflect short-term relief rallies.
On-chain signals show long-term holders accumulating, suggesting conviction despite market dips.
Price models (e.g., rainbow and other forecasts) still place possible mid-term upside zones much higher if macro sentiment improves.
Overall market structure for ETH is neutral-to-bearish short term, with a break above ~$2,300 needed to pivot toward a more sustained uptrend.
#EST #americacrypto #N #ETH🔥🔥🔥🔥🔥🔥
price remains volatile around key support near ~$1,900–$2,000 as markets digest recent selloffs and ETF outflows.
Short-term price action shows bearish momentum below major EMAs, with downside risks if $1,865 support breaks.
Technical indicators (RSI oversold) suggest relief bounces possible, with target resistance near $2,300–$2,400 if buyers return.
Broader crypto weakness has pressured ETH along with BTC and other majors, though periodic rebounds reflect short-term relief rallies.
On-chain signals show long-term holders accumulating, suggesting conviction despite market dips.
Price models (e.g., rainbow and other forecasts) still place possible mid-term upside zones much higher if macro sentiment improves.
Overall market structure for ETH is neutral-to-bearish short term, with a break above ~$2,300 needed to pivot toward a more sustained uptrend.
#EST #americacrypto #N #ETH🔥🔥🔥🔥🔥🔥
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