Ethereum have reached the last downside target zone I've mentioned in February 18th review ✅

So what now? Bounce to 1880-1890 is almost guaranteed, but doesn't change the big picture.

Nearest big liquidity pool at ~1925 - can be wicked out on the same move. Also doesn't change the trend.

Friday close was at 1967 and ETH got to find acceptance above that level in order to make chart look more prone for reversal.

$ETH Key Levels:

Above: 1890 / 1925 / 1950

Below: 1815 / 1730 / 1650

ETHUSDT

Perp

2,021.37

+9.00%

Since #Ethereum remains in downtrend we may expect another dip within this or next week and most obvious zone for price to explore is under 1730. More or less "support" starts at ~1650. So this is the range to look for new long entries on the dips, which would target 2450-2600 zone as long term target for a bounce.