𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗙𝗮𝗰𝗲𝘀 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲: 𝗪𝗶𝗹𝗹 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗛𝗼𝗹𝗱 𝗼𝗿 𝗕𝗿𝗲𝗮𝗸?
ereum ($ETH ) is facing bearish pressure as its price drops to 1,780.79 USDT, reflecting a 3.52% decline. The market has seen significant volatility, with a 24-hour high of 1,846.04 USDT and a low of 1,767.69 USDT. Trading volume remains strong at 432,432.92 $ETH , indicating active participation, but sellers currently dominate.
The price action on the chart suggests a continuation of the downtrend, with ETH struggling to hold above key support levels. If the current bearish momentum persists, ETH could test lower levels, potentially breaking below 1,767.69 USDT. On the other hand, if buyers step in, we may see a rebound toward resistance zones around 1,800–1,850 USDT.
Traders should exercise caution, keeping an eye on volume spikes and market sentiment. Short-term strategies may favor trend-following setups, while long-term investors might look for accumulation opportunities at key support levels.
