⚠️ $ETH /USDT Update – Breakdown Intensifies Near Key Support

📉 Ethereum is now trading at $2,184.41, down a sharp -9.86% in 24 hours. This marks one of the largest intraday declines in recent weeks.

📊 Snapshot Overview

MetricValueCurrent Price$2,184.4124h High$2,435.0024h Low$2,156.2124h Volume (ETH)862,244.57 ETH24h Volume (USDT)$1.96BMarket Mood🟥 Risk-Off / Heavy Selling

🔍 Key Observations

🔻 Critical Breakdown

ETH broke down from $2,300, and is now testing $2,150–2,180 zone—the final daily structure before potential capitulation to $2,050–2,000.

Volatility spike + massive sell volume confirms institutional or large-scale selling.

🧊 Order Book Insights (Depth)

Resistance (Sell Walls)Support (Buy Walls)$2,463.43$2,184.23$2,448.80$2,156.21 (hard floor)$2,399.06$2,100.00 (psych level)

🔧 Technical Summary

Trend: Firmly Bearish

Momentum: Strong downside

RSI Estimate: ~30–33 (deeply oversold)

MACD: Bearish crossover confirmed

Volume: Spiking → indicative of capitulation behavior

📌 Levels to Watch

TypePriceImplicationSupport$2,156.21Critical short-term floorSupport 2$2,050.00Weekly structure, pre-breakout zoneResistance$2,270.00Intraday recovery wallResistance 2$2,334.00Needs reclaim for bullish reset

🔍 What This Means

ETH is approaching a do-or-die zone. If $2,150 fails, expect acceleration to $2,050–1,950.

Buy pressure must kick in very soon to stabilize price.

Risk of further altcoin bleed if ETH fails to hold.

✅ Actionable Strategy

For Bulls:

Wait for stabilization and reclaim of $2,270 before considering long entry.

Tight stop-loss under $2,150 if entering early.

For Bears:

If $2,150 breaks with volume, short setups open down to $2,050.

Take profit near psychological zones like $2,000.

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