NEWSLETTER
ethereum has suffered a massive decrease, losing more than 50% of its value since the end of December, feeding the fear and the sale of panic throughout the market. The recession has led many analysts to question the possibility of an Altse season this year, since ethereum and most Altcoins fight to claim key bullish levels. With eth not to break above the critical resistance areas, investors remain uncertain about their short -term direction, and the feeling of the market continues to incline bassist.
Despite pessimism, there are signs of potential recovery. <a target="_blank" href="https://x.com/intotheblock/status/1899007382933422293″ target=”_blank” rel=”noopener nofollow”>Data in the poetheblock chain It shows that $ 1.8 billion in eth eth eth last week, marking the largest weekly flow since December 2022. Large exchanges exchanges generally indicate that investors are moving eth to private wallets, which suggests a long -term accumulation instead of an immediate sale. This trend could imply that whales and institutional players are seeing current prices as an opportunity, despite the broader uncertainty of the market.
If ethereum can maintain key support levels and stabilize, it can be positioned for a strong rebound in the coming weeks. However, for eth to confirm true recovery, bulls must claim critical resistance areas and maintain the impulse of purchase. Until then, merchants remain cautious, observing whether ethereum will organize a return or if it is coming below.
The next weeks will be crucial, since eth's capacity to keep above the key demand areas could determine whether a reversal of trends is possible or if the sales pressure continues will increase prices.
ethereum Bulls must have $ 2K support
ethereum is currently quoted above the $ 2,000 brand, but bulls find it difficult to recover higher levels amid the persistent sales pressure. The market remains in a fragile state, and investors closely observe if eth can establish a recovery or continue its downward trajectory.
For significant recovery, eth must claim the level of $ 2,350, which would establish the bases for a possible rebound. However, the main resistance zone for bulls remains at $ 2,500, a critical level that has historically acted as a strong barrier. A break and maintenance above $ 2,500 would probably cause a recovery rally, changing the impulse in favor of buyers.
On the other hand, not maintaining $ 2,000 could extend ethereum's bearish trend, increasing the probability of additional decreases. Losing this key level would put eth at risk of trying lower demand areas, which could lead to a more aggressive sales pressure.
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