$ETH The technical outlook is mixed. Indicators like the RSI (44.47) suggest that ETH is neither overbought nor oversold, but most technical indicators (11 out of 17) point to a short-term bearish trend. The key support is at $1,612, and a break below could drive the price to lower levels, such as $1,500. On the upside, resistance at $1,800 is critical; surpassing it could open the door to $2,000 or more. The drop in ETH's market dominance (7.18%, the lowest since 2019) and competition from blockchains like Solana (+344% this year) and BNB (+40%) are weighing on its price. Additionally, outflows of $772 million in Ethereum funds over two months reflect decreased institutional interest compared to Bitcoin.