ETH Bull-Bear Battle Escalates: 1957 is the Breakthrough, 1537 is the Bottom Line

Bulls Dominate, Targeting 2112 USD

Ethereum's recent trend has released a clear signal: Bearish selling is ineffective, and bulls are evidently in control. The current price is stabilizing above the line, with market sentiment leaning towards positivity. In the short term, 1957 USD is a key resistance level; once broken, bulls are expected to directly challenge 2112 USD, continuing the upward trend.

Bearish Counterattack, Key to Watch is 1537 USD

Despite the strength of the bulls, bears are still looking for opportunities to push down. If the price falls below the moving average support, it will open a downward channel. The first key support level is at 1537 USD; if lost, ETH may continue to retreat to the historical support area of 1368 USD.

Summary

Currently, ETH is still in a bull-dominated phase, maintaining the moving average is a key signal. If it can effectively break through 1957 USD, further upside potential will be opened; conversely, if it falls below 1537 USD, bears may regain control of the pace.