I have analyzed $ETH in detail now ... According to my analysis ....
$ETH just had a sharp sell-off and is now trying to stabilize around the $1,970–$1,980 zone, which is acting as short-term support after that long wick. If this level fails, the next downside support sits near $1,950–$1,960. On the upside, price is capped by $2,000–$2,015 as the first resistance, with stronger supply around $2,040–$2,060. For now, ETH looks stuck in a recovery attempt after heavy pressure — watch whether buyers can defend current support or if another leg down opens up. $ETH
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I have analyzed $ETH in detail now ... According to my analysis ....
$ETH just had a sharp sell-off and is now trying to stabilize around the $1,970–$1,980 zone, which is acting as short-term support after that long wick. If this level fails, the next downside support sits near $1,950–$1,960.
On the upside, price is capped by $2,000–$2,015 as the first resistance, with stronger supply around $2,040–$2,060. For now, ETH looks stuck in a recovery attempt after heavy pressure — watch whether buyers can defend current support or if another leg down opens up. $ETH