ETH/USDT Update – Potential Rebound or Continued Bearish?

Ethereum (ETH) is currently trading at $1,902.79, after touching a low of $1,754.28. Some key points from the 4H chart:

📌 Market Overview:

High 24 hours: $1,909.60

Low 24 hours: $1,821.81

Volume 24 hours: 398,958 ETH

📉 Technical Analysis:

ETH is still in a downtrend after a major correction from $3,437.31.

Currently in the support area of $1,750 - $1,800, which could be a reversal point or a deeper breakdown.

If it can hold above $1,900, the potential rebound to $2,287 - $2,900 is quite open.

However, if it breaks down below $1,750, ETH could test the psychological level of $1,670.

🎯 Trading Strategy:

✅ Long Entry: If ETH manages to stay above $1,900, the target of $2,287 - $2,900 could be an attractive opportunity.

✅ Short Entry: If ETH breaks down below $1,750, the potential drop to $1,670 could be utilized for a short.

✅ Risk Management: Always use stop loss according to each individual's strategy.

🔥 Conclusion: ETH is at a critical point. Is this the moment for bulls to rise or do bears still dominate? Drop your opinions in the comments! 👇#AltcoinETFsPostponed #MasterTheMarket #TheBitcoinAct $ETH $BTC $BNB