עטהערעום פּרייַז אַנאַליסיס: ETH ריטריסיז צו $ 2,050, אן אנדער קאַפּ ינקאַמינג?

עטהערעום price analysis is bearish today as we have seen another strong lower high set at $2,050 and the first push lower. Therefore, ETH/USD should see a bearish start to the weekend, potentially leading towards the $1,700 major support.

The market has traded in the red over the last 24 hours as sellers returned over the last hours. The leader, Bitcoin, lost 2.69 percent, while Ethereum 1.67 percent. SOL and AVAX were meanwhile the worst performers, with over 5 percent loss.

Ethereum price movement in the last 24 hours: Ethereum sets a lower high at $2,050

ETH/USD האַנדלט אין אַ קייט פון $1,963.08 צו $2,054.80, וואָס ינדיקייץ מילד וואַלאַטילאַטי אין די לעצטע 24 שעה. די טריידינג באַנד איז דיקריסט מיט 18.09 פּראָצענט, אַ גאַנץ פון $ 16.2 ביליאָן, בשעת די גאַנץ מאַרק היטל טריידז אַרום $ 237.81 ביליאָן, ריזאַלטינג אין אַ דאַמאַנאַנס פון 19 פּראָצענט.

ETH / USD 4-שעה טשאַרט: ETH גרייט צו אַראָפּגיין ווייַטער?

On the 4-hour chart, we can see the first push lower already in progress, indicating that more downside will soon follow.

עטהערעום פּרייַז has seen steady price development over the last week as the market traded אַרום די $ 2,000 מארק. After failing to reach further upside on Tuesday, ETH/USD set a clear lower local low, indicating that the market has shifted back to bearish momentum.

From there, the $1,900 support was set as the new local low before the upside was retested late yesterday. A new local high was reached at around $2,050 before selling pressure resumed over the second half of today.

This Ethereum price action development indicates that we can expect more downside over the next 24 hours and the weekend as a whole. Likely, bears will actively try to reach the $1,700 previous swing low before the decision is made if the several-week downtrend continues.

עטהערעום פּרייַז אַנאַליסיס: מסקנא 

Ethereum price analysis is bearish today as we have seen a steady retrace stop at the $2,050 mark, indicating that another clear lower local high has been set. Therefore, ETH/USD is ready to resume its decline over the weekend and reach the $1,700 major support.

בשעת ווארטן פֿאַר עטהערעום צו מאַך ווייַטער, זען אונדזער אַרטיקלען אויף ווי צו קויפן BTT, לאנג, און קראָ קאָינס.