đš ETH Market Update â Accumulation or More Downside?
Ethereum (ETH) is currently trading under pressure as the broader crypto market remains cautious.
đ Short-Term Structure:
ETH is struggling to reclaim the $2,000 psychological level. Momentum is still slightly bearish, with sellers defending lower highs.
đ Key Levels to Watch:
âą Support: $1,800 â $1,900
âą Resistance: $2,100 â $2,200
If support holds, we could see a relief bounce.
If it breaks, liquidity below may get swept before stabilization.
đł On-Chain Insight:
Whale activity suggests quiet accumulation at lower zones â a classic smart money behavior during fear phases.
đ§ Market Psychology:
When sentiment feels weak and confidence drops, thatâs usually when positioning quietly begins.
⥠Bottom line:
Short-term volatility remains, but mid-term structure is approaching a decision zone.
#ETH #Ethereumâ #CryptoUpdate #MarketPsychology
