Ethereum Urgent Update

Ethereum is currently in a post-crash stabilization phase after a heavy sell-off. The strong dump pushed price into a capitulation zone, where selling pressure slowed and buyers finally stepped in. This tells us that panic selling is mostly done for now, but the market is still weak and emotional, so volatility remains high.

The primary support zone sits around 2,200–2,300, which is where $ETH found strong demand and showed seller exhaustion. As long as price holds above this zone, the chances of a deeper crash reduce. Above that, secondary support around 2,350–2,450 is acting as a short-term base, where price is trying to build stability and form higher lows on lower timeframes.

On the upside, ETH is facing immediate resistance near 2,550–2,600. This is a key level because it was previous support and now acts as resistance. Price needs strong volume and acceptance above this area to continue recovery. Above that, the major resistance zone between 2,750–2,850 marks the prior range and trend breakdown area, where strong selling pressure is likely to return.

Overall, ETH is not in a confirmed uptrend yet. The market is in a recovery and stabilization phase, not a full reversal. Until ETH reclaims and holds above immediate resistance with volume, trades should remain short-term and disciplined, focusing on scalps rather than expecting big trend moves.

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