$ETH is trading in a short-term downtrend after rejection from the $2,150 area. Price recently tested the $1,900 support.
• Resistance: $1,960 – $2,000
• Major Resistance: $2,050
• Support: $1,897
• Major Support: $1,880
RSI is near 28, suggesting oversold conditions. MACD remains bearish but momentum is slowing.
🔹 A bounce above $1,960 can trigger recovery toward $2,000+.
🔹 Losing $1,880 may open the door toward $1,820.
🌍 Fundamental View
Ethereum remains the leading smart contract platform with strong DeFi, staking, and institutional adoption. ETF narratives and ecosystem development continue to support long-term bullish structure.
Short-term: Weak but near support
Long-term: Strong bullish fundamentals
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always
#eth #ETHUSDT