Here is the analysis of Ethereum ($ETH ) based on the latest data and technical forecasts until 2026:
📊 Current Price and Trend
Ethereum is trading at approximately $1,941 after a 3.57% decline over the past 24 hours.
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It has lost about 37.9% over the last 30 days and 45% over 3 months, indicating a bearish medium-term trend.
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👉 The overall market sentiment is currently leaning bearish with 93% of technical indicators negative.
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🔑 Key Support and Resistance Levels
Support:
$1,969
$1,919
$1,844
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Resistance:
$2,094
$2,169
$2,219
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📌 The RSI indicator at ~32 indicates that the market is close to the "oversold" zone, which means a short-term rebound is possible.