$ETH — WEEKLY STRUCTURE UPDATE 📉📈
Entry Zone: Watching 1,950 – 1,980 🟩
Bearish Scenario: Breakdown below 1,800 – 1,600 could accelerate toward 1,400 – 1,000 🎯
Bullish Scenario: Reclaim above channel midline with strong volume could open 2,500+ 🔥
Stop Loss: Dynamic, depending on channel rejection 🛑
Ethereum remains inside a multi‑year descending channel, with repeated rejections at upper resistance since the 2021 peak. Current price action hovers near $1,900, reflecting mixed momentum and fragile sentiment. Analysts note strong historical demand between $1,437 and $1,025, aligning with the lower trendline and prior accumulation zones.
Recent forecasts highlight ETH’s pivotal crossroads: institutional ETF flows and on‑chain data could fuel a breakout toward $2,500, but weak sentiment and macro headwinds keep downside risks alive. Technical indicators show extreme fear and high volatility, reinforcing caution until a decisive move occurs.
⚠️ This is not financial advice.
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