๐จ๐จ๐จ $ETH at Risk of Dropping to $2,000 as Selling Pressure Mounts!
Ethereum is showing signs of weakness and could soon test the crucial $2,174 support level โ
๐ป On the 4-hour ETH/USD chart, the trend remains bearish, and continued downward pressure could lead to further losses.
๐ The RSI is at 35, signaling intensifying selling pressure from investors.
๐ The MACD crossed into negative territory on June 12, confirming that the bears have maintained control for an extended period.
If Ethereum fails to hold above $2,174, the next major support is around $1,860 โ a level we havenโt seen since May. โ ๏ธ
Traders and investors should remain cautious โ ETH might be in for a sharp correction if current momentum continues.
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