$ETH is currently trading near 2,010, remaining under pressure after a strong sell-off from the 3,045 high. On the 4H timeframe, price has formed a temporary base after tapping the 1,747 low, followed by a weak recovery and sideways consolidation. Despite minor bounce attempts, the overall structure still favors caution as Ethereum trades below major resistance zones and bearish momentum is not fully invalidated yet.
$ETH Immediate support is located at 1,990–1,950, with stronger demand sitting around 1,820–1,750, which previously triggered a sharp reaction. On the upside, resistance stands at 2,120–2,180, followed by 2,250–2,300 as a key trend-defining zone. A clean breakout above 2,180 could signal short-term relief toward higher levels, while failure to hold 1,990 may open the door for another retest of deeper support. Traders should wait for confirmation and manage risk carefully.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor. #cryptotradinganalysisboss #BinanceSquare #TechnicalAnalysis #altcoins #ETH
