Ethereum ne recent sharp sell-off ke baad short-term recovery dikhai hai, lekin market abhi bhi fragile hai aur levels par heavily depend kar rahi hai. Price ne aggressively move karke 1,740 ke area tak dip liya, jahan strong buying interest ne entry li aur ETH ko wapas 2,000 ke upar push kar diya. Ye reaction clearly batata hai ke lower levels par demand maujood hai, jis ne immediate downside continuation ko rok diya.
Bounce ke baad ETH ne 2,120–2,125 ke zone ko test kiya, lekin wahan sustain nahi kar saka aur dobara pullback hua. Ab jo price action 2,060–2,080 ke around dikh raha hai, wo weakness nahi balkay consolidation ko show karta hai. Market recent move ko digest kar rahi hai, reverse nahi ho rahi. Buyers abhi bhi defend kar rahe hain, lekin initial bounce ke muqablay mein momentum thora slow ho gaya hai.
Higher-timeframe view se dekha jaye to broader structure abhi bhi damaged hai. ETH abhi tak apni previous value areas aur major breakdown zones ke neeche trade kar raha hai. Is wajah se is move ko larger downtrend ke andar ek recovery samajhna chahiye, na ke confirmed trend reversal. Isi liye level selection aur patience yahan sab se zyada important hai.
Key Support Zones
2,000 – 1,980 (most important intraday support)
1,900 – 1,920 (rebound ka strong base)
2,000 ke upar rehna recovery structure ko intact rakhta hai. Agar price cleanly 1,980 ke neeche accept kar leti hai, to bounce weak ho sakta hai aur downside risk dobara open ho jayega.
Key Resistance Zones
2,120 – 2,150 (near-term resistance)
2,180 – 2,230 (strong resistance & prior breakdown area)
My View
Jab tak ETH 2,000 ke upar hold kar raha hai, main aggressive bearish stance nahi dekh raha. Market ne already dikhaya hai ke is area par buyers defend kar rahe hain. Is phase mein best approach ye hai ke patience rakhi jaye aur levels ke sath kaam kiya jaye, na ke price chase ki jaye. Agar 1,980 lose hota hai, to main step back karke structure ko dobara reassess karunga. Filhaal ETH ek controlled recovery phase mein hai, jahan discipline aur level-based decisions matter karte hain.
ETHUSDT$ (Perp)$
Price: 2,119.73
Change: +3.67%
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