- Ether Leeum seems to have a weak market structure for many times.
- The bear did not slow down the sales speed, and the ETH can fall to $ 1.6K next time.
Ether Lee (ETH) has decreased 11.8% over the past week, and technology analysis shows that market bears have not been weakened. In fact, when ETH whales transfer to exchange, the weak market sentiment was emphasized.
At the time of writing, ETH BULLS was swimming against the assistant, and the prospect of additional losses increased.
Ether Leeum sinks under the support of early March.
Source: TradingView ETH/USDT
Ether Lee was strongly weak for a day. It was again lower than the 20 -day moving average and in most cases in 2025. The average moving average showed that the weakness was not slowed down.
The ETH fell below $ 2,000 psychological levels, so it was not easy to sell. OBV made the lowest and low lowest level and maintained a new low low level on March 30. This meant the decline in OBV and the steady sales pressure on Ether Leeum.
From October to November 2023, the level of $ 1,824 and $ 1,550 will be the next price target of ETH. Since the one -day trading session has been closed for less than $ 1,824 a day, Bears will be able to control the area.
Source: TradingView ETH/USDT
The four -hour chart shows that $ 1,850, which is supported in mid -March, is currently a resistance. The market structure also looked weak. The rally to $ 2,128 did not achieve a goal but reversed to $ 2,100. The low $ 1,950 was not defended.
As with the chart on the 1st, OBV continued to decline. Therefore, the price measures of the daily and four -hour charts pointed out the additional loss of the main Altcoin.
Source: COINGLASS
The liquidation heat map explained $ 2,150 as a self -priced area. At the same time, the $ 1,760- $ 1,640 area was a much closer liquidity pocket. This meant that Ether Lee is likely to fall to 1.6K in the future.
Given price measures and market sentiment, there may be more losses in the short term. The long -term decline has not been stopped.
Indemnity Clause: The information presented does not make up financial, investment, transactions, or other types of advice, and is entirely the artist’s opinion.