📊$ETH Daily Update
ETH remains bearish, continuing to print lower highs and lower lows while trading below major supply zones. Buyers have yet to reclaim key resistance.
Why?
🔻 Repeated rejection from supply and order block zones.
📉 Weak buying momentum with declining volume.
🪙 Bitcoin’s uncertain direction continues to weigh on the broader altcoin market.
Outlook: As long as ETH remains below $1,800–2,000, the bearish structure stays intact. A breakdown below current support could trigger another leg lower.
💬 Do you think ETH will reclaim $2,000 first, or break below support?
ETH remains bearish, continuing to print lower highs and lower lows while trading below major supply zones. Buyers have yet to reclaim key resistance.
Why?
🔻 Repeated rejection from supply and order block zones.
📉 Weak buying momentum with declining volume.
🪙 Bitcoin’s uncertain direction continues to weigh on the broader altcoin market.
Outlook: As long as ETH remains below $1,800–2,000, the bearish structure stays intact. A breakdown below current support could trigger another leg lower.
💬 Do you think ETH will reclaim $2,000 first, or break below support?