We've been positioned short since the 4200 level, then averaged down around 3400. The setup's playing out fairly well so far.
Looking ahead, that 2100-2200 zone is likely to get tested. Price action into those levels will be critical to watch—could signal either a bounce or continued momentum depending on how support holds.
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WinterWarmthCat
· 01-08 11:27
The 2100 barrier, it really feels like it's coming.
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TokenSherpa
· 01-08 07:50
ngl if you examine the voting patterns from the last bear cycle, support actually collapsed way faster than this—historically speaking we're already past the usual capitulation point. not saying it doesn't go to 2100 but the governance precedent suggests something's different this time around, fr
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ApyWhisperer
· 01-06 10:01
It's dropping again... Will it really hit 2100? We'll see if it can rebound then or if it keeps crashing. We'll test whether the support is strong or not.
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GigaBrainAnon
· 01-06 09:54
Can 2100 really hold up? Feels like it's about to break
Ethereum facing key resistance again
We've been positioned short since the 4200 level, then averaged down around 3400. The setup's playing out fairly well so far.
Looking ahead, that 2100-2200 zone is likely to get tested. Price action into those levels will be critical to watch—could signal either a bounce or continued momentum depending on how support holds.