$ETH

### Bearish Factors for Ethereum (ETH):

1. **Price Decline and Support Levels**:

- ETH has dropped significantly from $4,100 in December 2024 to around $1,750 in March 2025, losing nearly half its value .

- The $2,000 level is a critical support zone. A break below this could lead to further declines toward $1,560 (200-week EMA) .

2. **Institutional Downside Hedging**:

- Analysts note increased downside hedging in CME Ethereum options, particularly around the $2,000 strike price, signaling caution among institutional investors .

- Leveraged long positions face liquidation risks if ETH drops to $1,926, $1,842, or $1,793, potentially triggering a cascade of forced selling