#Eth
Possibility of improvement and exiting negativity
⚪️ Regarding Ethereum on the monthly scale
🔽 The drop from a peak of 4104 to 1384 is considered strong, five months of continuous decline that reached 66%
⭕ The price level holding Ethereum is 1384, which is considered support and the reason for the rise since the lows of 2022 and the beginning of 2023
⭕ The current support range that formed with the month of April is between 1672 - 1575
◀️ Continuation of the rise requires stability in this range and breaking 2000 to at least test the resistance range between 2310 - 2425, from which selling pressure occurred down to the midpoint between the peak and the trough at 2745
📄 Ethereum has not recovered yet and is still under pressure