Ethereum Price Analysis: Key Levels to Watch as $2K Comes Into Play for ETH
- Ethereum has fallen below $2.4K, breaking the lower trendline of its ascending channel and putting pressure on the $2.3K support zone, indicating a weakened recovery structure.
- The Taker Buy Sell Ratio shows significant selling pressure in the futures market, currently at 0.973, suggesting sellers are dominating, which could lead to further declines.
- Key support levels to watch include the $2.25K demand zone and the 0.5 Fibonacci retracement at $2.16K, with a potential recovery requiring a reclaim of the $2.5K supply zone.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$ETH
#Ethereum #Crypto
- Ethereum has fallen below $2.4K, breaking the lower trendline of its ascending channel and putting pressure on the $2.3K support zone, indicating a weakened recovery structure.
- The Taker Buy Sell Ratio shows significant selling pressure in the futures market, currently at 0.973, suggesting sellers are dominating, which could lead to further declines.
- Key support levels to watch include the $2.25K demand zone and the 0.5 Fibonacci retracement at $2.16K, with a potential recovery requiring a reclaim of the $2.5K supply zone.
Nguồn: CryptoPotato
🌍 Cập nhật bởi GemCrypto
$ETH
#Ethereum #Crypto
