$ETH
Latest Update (Marked)
$ETH is trading near 1,957 after a sharp rejection from the 2,150–2,200 supply zone. The breakdown was impulsive, flipping short-term structure to the downside. Supertrend remains above price near 2,059, keeping intraday momentum bearish.
The bounce from the 1,927 low shows weak follow-through and has failed to reclaim the 2,015–2,060 resistance band. As long as price stays capped below this zone, upside moves remain corrective and vulnerable to renewed selling. A clean loss of 1,927 exposes the next downside pocket toward 1,880–1,820.
For momentum to shift, $ETH needs acceptance back above the Supertrend level and a hold above 2,060. Until then, the market remains in a defensive posture with downside risk still active.