Ethereum does not break the resistance of USD 2100 – increasing the risk of decline?

Published on:

A reason for trust

A strict editorial policy that focuses on accuracy, meaning and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reports and publication

A strict editorial policy that focuses on accuracy, meaning and impartiality

The price of a lion football and players are pliable. Each arcu is to ultra -up all children or hatred for football Ullamcorper.

This article is also available in Spanish.

Ethereum lost adhesion at a key level worth $ 2,000, destroying the fears of a deeper correction as the pressure returned to the market. From March 19 ETH managed to stop above 1930 USD, but recently weakness dangerously raised the price to break below USD 1,900. The drop added fuel to the bear speculation, and traders and analysts are now asking if there is a greater withdrawal.

The inability to maintain above the levels of psychological support burdened moods, especially as a broader market variability increased. The best analyst Carl Runefelt divided his perspectives into the current Ethereum structure, noticing that the resource has not repeatedly overcome the resistance of USD 2,200 – a level that currently works as a robust ceiling stubborn rush. According to Runefelt, this repetitive rejection suggests that Ethereum may have solemn trouble if the buyers will not come soon.

With a disappearing rush and without a apparent catalyst, Ethereum risks the slip further if $ 1,80 does not hold. Traders carefully observe signs of reversal, but for now the path of the slightest resistance seems to be down. ETH must quickly recover lost levels to avoid confirming a wider bear.

Bulls will face a key test when the resistance charges the price

Ethereum is under pressure because the wider cryptographic market has been in front of one of the most critical tests for months. When violating macroeconomic uncertainty and fear of potential recession in the United States, risk assets around the world try to gain grip – and Ethereum is not an exception. The current market environment remains hostile, with concerns of inflation, unstable monetary policy and global commercial tensions shaking investor trust.

The ETH price campaign was particularly disappointing. Despite the widespread expectations that Ethereum will lead a robust so at the beginning of 2025, the resources did not meet the stubborn projections. Instead of conquering the ground, ETH got sticed and is now trying to maintain the level of support among the growing sales pressure.

Besidook Runefelt He suggests that Ethereum has not repeatedly broke the resistance level of USD 2,200. According to Runefelt, this resistance zone is crucial – and the inability of Ethereum to overcome it can be a sign of deeper weakness. He warns that if Bitcoin experiences a breakdown, Ethereum can follow and potentially again make a wick near $ 1750, which meant local low levels during the previous correction.

Ethereum in the face of sales pressure below USD 2100 Source: Carl Runefelt on X
Ethereum is in the face of sales pressure below USD 2100 Source: Carl Runefelt on X

With a rush disappearing and without a apparent brilliant catalyst, the Ethereum price structure remains frail. While Bulls will not regain key levels soon, ETH may meet with a deeper reconstruction, especially if wider market moods still deteriorate.

Traders carefully observe Bitcoin and macroeconomic investments for tips, knowing that the decisive move in both directions can shape the next main trend of Ethereum. For now, the pressure is turned on – and the Ethereum resistance is to be tested.

ETH Bulls are fighting to have key support

Ethereum (ETH) is currently trading in $ 1,910 after it does not persist above the critical level of USD 2000, psychological and technical barrier, which has now changed into resistance. The division weakened the low -term shoot and left the bulls in a defensive position, because sales pressure is still approaching.

ETH trade below $ 2,000 Source: Ethusdt Chart on TradingView
ETH trade below $ 2,000 Source: Ethusdt chart on TradingView

At this stage, the level of 1,880 USD has become a key support zone in which bulls must defend to avoid a deeper amendment. Maintaining this level can allow the consolidation phase and give Ethereum a chance to stabilize before trying to push another one. However, if ETH loses $ 1,880, it can cause a wave of aggressive sales, causing a continuation of the current inheritance trend and potentially exceeding the price in the range of USD 1,750.

To recover this trend, bulls must recover $ 2,000 as soon as possible. The decisive retreat over this level would signal the renovated strength and could open the door to the reflection towards zones with higher resistance. Until then, Ethereum remains in a frail position, with a risk of further decline, because macroeconomic pressure and technical weakness continue to burden the price.

Recommended photo from Dall-E, Tradingview chart

Related

Leave a Reply

Please enter your comment!
Please enter your name here