Ethereum ($ETH ) is facing another important test. 👀
ETH has slipped below the $2,000 level, and buyers are still struggling to bring momentum back.
What concerns me is that the weakness isn't limited to Ethereum. Bitcoin and the wider crypto market are also under selling pressure.
Key levels I'm watching:
- Support: $1,898
- Next Support: $1,875
- Resistance: $2,000
- Higher Resistance: $2,070
If buyers defend the $1,875–$1,898 area, a recovery attempt could develop.
But if support breaks, another downside move cannot be ruled out.
For now, I would rather wait for confirmation than rush into a trade.
What's your view on ETH right now?
1. Bullish – Recovery incoming 📈
2. Bearish – More downside ahead 📉
3. Wait – Need confirmation ⏳
#Ethereum #ETH #CryptoMarket #Binance
ETH has slipped below the $2,000 level, and buyers are still struggling to bring momentum back.
What concerns me is that the weakness isn't limited to Ethereum. Bitcoin and the wider crypto market are also under selling pressure.
Key levels I'm watching:
- Support: $1,898
- Next Support: $1,875
- Resistance: $2,000
- Higher Resistance: $2,070
If buyers defend the $1,875–$1,898 area, a recovery attempt could develop.
But if support breaks, another downside move cannot be ruled out.
For now, I would rather wait for confirmation than rush into a trade.
What's your view on ETH right now?
1. Bullish – Recovery incoming 📈
2. Bearish – More downside ahead 📉
3. Wait – Need confirmation ⏳
#Ethereum #ETH #CryptoMarket #Binance
