ETH daily chart analysis
Weak bottoming, with significant overhead selling pressure
2250 is the short-term lifeline. The daily pivot; once it breaks, the key hourly level at 2243 will be directly exposed. If 2243 breaks, the previous low at 2170–2176 will be tested, followed by around 2100. On the upside, 2297 is the combined resistance of the upper Bollinger Band and short-term moving averages; 2372–2360 is the real threshold for a trend reversal, and it must hold above that level with volume to reverse.
At the weekly level, ETH is in a wide 2100–2400 trading range. This support has held through multiple tests. If it can hold, a rebound recovery could target 2580–2720, followed by another challenge above 3000.
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