$ETH Based on the chart you've provided, selling ETH around the $2,000 level could be a strategic move if you anticipate a correction or pullback. The red arrow and highlighted zone suggest a strong support level around $2,000, where price previously consolidated before a sharp breakout. When assets rally too quickly, they often retrace to retest prior support zones to confirm strength or attract new buyers.
Currently, ETH is trading around $2,568 after a run-up to $2,738. The recent red candles and lower highs hint at weakening bullish momentum. If selling pressure increases, a pullback to $2,000 would align with typical retracement levels—possibly around the 50–61.8% Fibonacci zone from the recent surge.
Moreover, technical indicators like Stochastic RSI appear to be in mid-range, not showing overbought strength anymore, which may suggest room for downside. Selling now with a plan to re-enter near $2,000 could allow you to buy back at a stronger support level, potentially increasing your holdings or profits.
However, always consider broader market conditions and risk management. If ETH finds support above $2,400, it might rebound instead—so use stop-losses or alerts to protect your strategy.