Ethereum is currently at a critical crossroads, trading near the $2,250 mark. After a significant pullback, the market is filled with "Extreme Fear," but for the disciplined trader, this is where the real money is made.
The Breakdown
ETH is currently testing a "Make or Break" support zone between $2,100 and $2,200.
The Bullish View: Historically, this zone has acted as a massive trampoline. The RSI is screaming "Oversold," suggesting that the selling pressure is exhausted. A bounce from here could easily target $2,450 in the short term.
The Bearish View: Macro pressure is heavy. If ETH fails to hold $2,100 on a daily close, we might see a quick slide toward the psychological $2,000 floor.
Final Verdict: What Should You Do?
DCA (Dollar Cost Averaging): If you are a long-term believer, this is a prime buying zone. Accumulate slowly; don't go "All-In" at once.
Short-Term Play: Look for a Long/Buy entry near $2,200 with a tight Stop Loss at $2,080.
ETH1,988.67-4.05%