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ETH/USDT $ETH Price fell hard from 4,289.10 to 1,505.26, then bounced to 1,822.82 and got rejected. It is now at 1,707.79, down 2.39% on the day. Price trades under all key moving averages, so the short-term view is weak.
Key Levels
Support
• 1,670 – 1,685: Day low area at 1,671.78. A 4H close below here opens the door to more selling. • 1,630 – 1,640: Mid support. Losing it points to 1,505. • 1,505 – 1,520: Major low. A break under this would shake trust across the market.