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🚨 Ethereum Faces Selling Pressure – Is a Bigger Drop Coming?

Ethereum Faces Selling Pressure – Is a Bigger Drop Coming?

Ethereum is under fresh bearish pressure after breaking below $2730. 
This move has formed signs of a bearish signal that could lead to further losses.

If ETH drops below the $2600 neckline, it may trigger a deeper decline, putting more downward pressure on the price. 
Traders should watch these key levels closely, as breaking them could signal a shift in Ethereum’s trend.




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Bitcoin Price Analysis: Key Support and Resistance Levels to Watch

 Bitcoin (BTC) is currently trading around $90,800 after facing a strong rejection near the $94,800 resistance zone. The recent pullback suggests increasing sell pressure as the market cools down from overbought conditions. BTC Chart (Source TradingView) From a technical perspective, momentum indicators are showing weakness. The MACD has turned negative , signaling a possible short-term bearish trend, while the RSI is moving lower , indicating that bears are gaining control. These signals suggest caution for traders in the near term. However, Bitcoin is approaching a critical support level at $90,288 , which remains a strong demand zone. If this support holds, BTC could see a rebound and make another attempt to break above the $94,800 resistance . A successful breakout above this level may open the door for further upside momentum. On the downside, if Bitcoin fails to hold the $90,288 support , selling pressure could intensify, pushing the price toward the $88,000 support zone ...