Current Price: $1,638.31

24H Change: -1.80%

24H High / Low: $1,696.41 / $1,614.02

$ETH is currently moving sideways after a recent sell-off. On the 1-minute chart, price is trading near the MA(7), MA(25), and MA(99), showing a lack of strong directional momentum.

🔹 Support Zone: $1,633 - $1,635

🔹 Resistance Zone: $1,641 - $1,646

The order book shows heavy selling pressure (95.62% sellers vs 4.38% buyers), which suggests bears still have short-term control. However, support around $1,633 has held so far, preventing a deeper drop.

Market Outlook

📉 Bearish: If ETH loses $1,633 support, the next downside target could be around $1,620-$1,615.

📈 Bullish: A break above $1,646 could trigger a recovery toward $1,660+. #BTC #Usdt #CPIWatch #RussiaDumaAdvancesCryptoTaxBill #JanusHendersonFourPartPartnershipWithEthena