After a brief consolidation between $2150 and $1740, #Ethereum has cracked below the psychological $2K level again. Currently trading at **$1964**. **The Bearish Case:** 🔻 CMP below all key EMAs (55, 200, 365) 🔻 CCI remains negative at -45 🔻 ADX showing weak momentum (10.4) – market waiting for a direction, but structure leans down. **The Strategy:** 🟥 Sell rallies into resistance. 🎯 Key Sell Zone: **$2068–$2070** 🛑 Stop Loss: **$2200** ✅ Targets: **$1750 / $1500** A move above **$2150** is needed to invalidate the bearish view. Until then, upside is for selling. #Crypto #ETH #Trading #TechnicalAnalysis #BearMarket
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**$2000 Breached. Bears in Full Control.**
After a brief consolidation between $2150 and $1740, #Ethereum has cracked below the psychological $2K level again.
Currently trading at **$1964**.
**The Bearish Case:**
🔻 CMP below all key EMAs (55, 200, 365)
🔻 CCI remains negative at -45
🔻 ADX showing weak momentum (10.4) – market waiting for a direction, but structure leans down.
**The Strategy:**
🟥 Sell rallies into resistance.
🎯 Key Sell Zone: **$2068–$2070**
🛑 Stop Loss: **$2200**
✅ Targets: **$1750 / $1500**
A move above **$2150** is needed to invalidate the bearish view. Until then, upside is for selling.
#Crypto #ETH #Trading #TechnicalAnalysis #BearMarket