Based on the latest data and market sentiment, **Ethereum (ETH)** is still in a fairly decisive phase.



### ETH’s current conditions

* ETH is trading in the range of **US$1,860–1,900**.
* Price movement is still **consolidating**, with volatility remaining quite high.

### Technical analysis

**Short-term trend (H4–Daily):**

* The bias is still **neutral to bearish**.
* ETH is still struggling to maintain momentum above the key resistance area.
* Several technical indicators show that selling pressure is still present, even as signs of base formation begin to emerge.

### Key levels

**Support:**

* US$1,860 (closest support)
* US$1,800
* US$1,740–1,750 (strong support if there is further downside)

**Resistance:**

* US$1,900
* US$1,950
* US$2,000 (important psychological resistance)
### Scenarios

🟢 **Bullish**

* If ETH can break through and hold above **US$1,950–2,000**, the upside opportunity toward around **US$2,200** becomes more open.

🔴 **Bearish**

* If the **US$1,860** support is broken with significant volume, the risk of a drop into the **US$1,740** area increases.

#
ETH3.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned