NEWSLETTER
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ethereum has experienced a massive fall, losing more than 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sale of the sale has fed the speculation that a bearish market could be on the horizon, and many analysts ask below in the coming months.
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However, despite the overwhelming bearish feeling, there is still the possibility that ethereum will recover, since the price is now testing a level of crucial demand. If bulls manage to maintain this area, eth could organize a strong rebound and change impulse in favor of buyers.
The Superior Analyst Bigcheds shared a technical analysis of x, noting that eth is again faced with a critical monthly demand level, which could define the next main movement of ethereum. Historically, price reactions at this level have led to a strong rebound or additional capitulation, which makes the current market conditions a fundamental moment for ethereum's long -term trajectory.
The next few days will be crucial since ethereum tries to stabilize and recover the key price levels. If buyers intervene aggressively, eth could start a recovery rally, but lack of support can lead to higher downward risks.
ethereum fights under $ 2,200
ethereum quotes below $ 2,200, struggling to recover impulse after a serious correction throughout the market. The alternative sector continues to bleed, and eth has now lost almost 50% of its value since it reached its maximum point at $ 4,100 in mid -December. Bulls face a critical test, since they must defend the key demand levels to avoid greater sale pressure and attract strong purchase interests.
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The situation is very volatile, with a feeling of the market by changing to extreme fear. Investors worry that ethereum can continue their decrease if the Bulls have no support and initiate a significant recovery. Many analysts are still cautious, warning that eth could enter a prolonged consolidation phase if the lost terrain cannot recover.
<a target="_blank" href="https://x.com/BigCheds/status/1895293323587551569/photo/1″ target=”_blank” rel=”nofollow”>Bigched's insights on x It emphasizes that ethereum is now foring a key area of high frame demand of around $ 2,000. According to Cheds, this is an essential level: losing this area could trigger a deeper correction, while a strong defense could pave the way for a possible recovery rally.
The next few days will be crucial for ethereum. If the Bulls manage to recover $ 2,200 and push around $ 2,500, an investment could take place. However, the lack of $ 2,000 could see eth fall more, potentially testing lower demand areas in the coming weeks.
Demand for price tests: Can bulls recover control?
ethereum is quoted at $ 2,120 after lasting days of mass sale pressure that brought the price at its lowest level in months. eth currently remains above a high frame demand level of around $ 2,000, a crucial zone that must defend itself to avoid a greater disadvantage. However, the feeling is still fragile, and if ethereum fails to maintain this level, it could trigger a dramatic victim that leads at even lower prices.
Bulls face an urgent challenge to recover control of price action. The level of $ 2,200 now acts as the first key resistance, and a break above this brand would be the first step towards stabilization. Beyond that, eth must exceed $ 2,500 as soon as possible to confirm a possible investment of trends and indicate the start of a recovery rally.
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If bulls do not have the $ 2,000 support, ethereum could face greater volatility and strong decrease, potentially testing lower demand areas. The next commercial sessions will be critical, since eth's capacity to stay above the key levels will determine whether the market stabilizes or enters a deeper correction phase in the coming weeks.
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