Ethereum (ETH) is currently experiencing a "decision pressure" phase; the price is moving within a trading range that tends to be relatively bearish compared to the past weeks, trading approximately around levels of $2,074 to $2,120.

The market appears to be in a cautious balance, waiting for new liquidity to break this price stalemate. Here is a detailed look at the expected movement and the levels to watch closely this week:
📊 Expected scenarios for price movement
The positive scenario (attempting a rebound):
If the price manages to stay stable above levels of $2,030 - $2,000, and breaks through the $2,120 barrier and remains above it, we may see a gradual regain of bullish momentum. The initial targets will be testing the $2,287 zone, then the stronger resistance at $2,317. Breaking this latter is considered an important signal that the short-term downward pressure has ended.
The negative scenario (continuing downward pressure):
Failure to hold above the $2,000 levels and breaking this psychological support zone could open the door for further liquidation and decline to test deep demand zones between $1,910 and $1,860. $ETH #ETH