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Ethereum is quoted below the $ 2,300 brand after not having key demand levels last week. The price has faced intense sales pressure, feeding concerns among investors that ETH may not see a strong upward market ahead. The feeling of the market is still uncertain while Ethereum struggles to recover the lost terrain, with analysts divided on whether the correction will continue or if a recovery is on the horizon.
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A technical perspective suggests that ETH can still have the opportunity to recover. Cryptographic analyst Ali MartÃnez shared a analysis In X, pointing out that if Ethereum is maintained above the level of $ 2,200, it could be established for a rebound around $ 2,500. MartÃnez emphasizes that Ethereum is operating near a crucial support level, which has historically triggered strong ascending movements.
Bulls must defend the $ 2,200 mark to avoid greater decreases, while recovering $ 2,500 would indicate resistance and a possible investment of trends. However, continuous weakness could lead to another sales pressure wave, pushing ETH even lower. Investors are still cautious while waiting for the confirmation of the next Ethereum movement in this volatile market.
Ethereum faces a critical test
Ethereum has been fighting under strong sales pressure and a negative feeling, which leads to extreme speculative activity that favors the positions of future bassists. The uncertainty surrounding ETH price action has fed doubts about its ability to recover in the short term.
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Since the end of December, Ethereum has lost 49% of its value, and the feeling of investors remains desperate since the price cannot claim key levels of resistance. Many merchants have begun to position themselves for a greater inconvenience, reinforcing the bearish prospects in the market.
However, some analysts still believe that Ethereum could soon organize a quick recovery. Ethereum approaches a critical turning point where a decisive movement could determine the next trend of the asset.
This perspective aligns with the few optimistic analysts who argue that Ethereum’s rally, when he begins, will be aggressive. Historically, ETH has exhibited acute rebounds after prolonged periods of downward pressure, and if the wider conditions of the market improve, the same could happen again. For now, investors are still cautious, closely observing Ethereum’s capacity to defend the support level of $ 2,200 and look for signs of renewed strength.
Price struggles below $ 2,500
Ethereum is quoted at $ 2,222 after fighting for days to recover higher prices. The price has been under intense sales pressure, and the feeling of investors remains bassist since ETH cannot establish a solid support zone. Eth Bulls lost control last Monday when the price began to decrease rapidly, which led to a strong correction of 26% in less than five days. This mass sale eliminated the key support levels, leaving Ethereum in a vulnerable position.
For Ethereum to recover the impulse, the bulls must exceed the price above the level of $ 2,500. Claiming this brand would indicate resistance and potentially trigger a recovery rally. However, without a strong impulse of buyers, ETH could remain stuck in a slow consolidation phase below $ 2,500. This would probably lead to prolonged indecision in the market, which makes merchants difficult to establish clear positions.
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If ETH cannot claim $ 2,500 soon, the market could see continuous weakness, with sellers dominating the price action. On the other hand, if Ethereum manages to stay above the $ 2,200 brand and create support, the possibility of a strong rebound remains on the table. The next few days will be crucial as investors observe signs of a possible investment of trends or a downward movement.
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