Ethereum ($ETH) continues to weaken as price breaks toward key support levels.
#Ethereum #ETH #Crypto #Bitcoin #Altcoins
📉 Trading below the 20, 50, and 200-day moving averages
📉 Momentum remains bearish
📊 Stochastic is oversold, increasing the probability of a short-term relief bounce
Key levels:
🔹 Support: $1,700
🔹 Major Support: $1,500–$1,600
🔹 Resistance: $2,000–$2,125
For now, the trend remains down until price action proves otherwise.
Patience. Discipline. Let the probabilities play out.