Ethereum (ETH) is currently trading at $2,001, down 1.15% in the last 24 hours. With a market cap of $241.32B and a 24-hour trading volume of $20.61B, ETH remains the second-largest cryptocurrency. However, market sentiment is bearish, with the Fear & Greed Index at 40 (Fear).
Key Levels to Watch
🔴 Support Levels:
- $1,950 – Critical support; breaking this could push ETH down to $1,800 or lower.
- $1,800 - $1,750 – Strong demand zone from past price action.
🟢 Resistance Levels:
- $2,100 – ETH needs to break above this for bullish momentum.
- $2,400 – Key resistance before Ethereum can attempt higher levels.
What’s Next for Ethereum?
Ethereum is currently at a decision point. If $1,950 holds, we could see a bounce back toward $2,100+. But if sellers push ETH below $1,950, expect further drops to $1,800 or lower.
With strong trading volume ($20.61B), volatility is expected. A breakout above $2,100 could trigger a bullish move toward $2,400, but failure to hold $1,950 could lead to more downside.
Final Thoughts
Traders should watch these key levels closely! A breakout or breakdown will determine ETH’s next major move.
🚀 Will ETH recover or dip further? Drop your thoughts in the comments!
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