- Ethereum trades below key averages, confirming persistent bearish momentum trend.
- Price compresses between $1,750 support and $2,100 resistance, signaling a breakout battle.
- Falling open interest and mixed spot flows show traders reducing risk exposure.
Ethereum continues to trade under pressure as market data highlights a prolonged correction following its historic rally. Traders now watch critical technical levels while derivatives activity and spot flows reveal changing investor sentiment. Consequently, the market faces a period of consolidation as participants evaluate whether Ethereum will stabilize or extend its downward trend.
Persistent Downtrend Shapes Market Structure
Ethereum maintains a clear bearish structure on the daily timeframe as price trades below the 50, 100, and 200-day averages. This alignment reflects strong downward momentum and reinforc…
Read The Full Article Ethereum Price Prediction: Can ETH Escape the $1,750–$2,100 Range? On Coin Edition.
Source: https://coinedition.com/ethereum-price-prediction-can-eth-escape-the-1750-2100-range/