$ETH has been under selling pressure recently and is testing key support around the $2,000–$2,200 area, which is considered a critical make-or-break zone. If this level fails, deeper downside risks remain.
Eudaimonia and Co +1
Some technical indicators show slowing downside momentum and tentative accumulation near current prices.
Brave New Coin
📊 Key Levels to Watch
Support: ~$2,000–$2,200 — crucial zone where buyers may step in.
Resistance: ~$3,200–$3,500 — breaking above this range could signal renewed bullish structure.
Blockchain News
📈 Short-Term Outlook
Bearish bias remains in the very near term if sellers dominate below $2,200.
Binance
However, if buyers defend support and push above short-term resistance, ETH could aim for a relief rally toward $3,300+.
Blockchain News
📌 Summary
Short term: volatile with risk of continued downside.
Mid term: stabilization likely if $2,000–2,200 holds.
Bullish scenario: reclaiming $3,200–$3,500 opens room for larger recovery.
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