$ETH Market Update – Bullish or Bearish?

Ethereum $ETH (ETH) is currently trading at $1,919, facing bearish pressure. The RSI at 35.22 suggests oversold conditions, but a potential rebound could push it toward $2,406.

If bearish momentum continues,$ETH ETH could drop to $1,500 or even $1,000, posing risks to the DeFi sector. However, if market sentiment improves, Ethereum may regain bullish momentum.

Investors should watch key support and resistance levels before making any moves.

Disclaimer: This is not financial advice. Cryptocurrency investments are volatile and subject to market risks. Always do your own research before investing.

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