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Ethereum is negotiated below the $ 2,300 mark after failing to hold the main levels of demand last week. The price has faced intense sales pressure, fueling concerns among investors that ETH may not see a strong upcoming upper market. The feeling of the market remains uncertain because Ethereum is struggling to recover the lost ground, analysts divided on the question of whether the correction will continue or if a recovery is on the horizon.
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A technical perspective suggests that ETH could still have a chance to bounce back. Crypto analyst Ali Martinez shared an analysis on X, noting that if Ethereum is above $ 2,200 level, it could be for a rebound around $ 2,500. Martinez underlines that Ethereum is negotiated near a level of crucial support, which has historically triggered strong upward movements.
Bulls must defend the $ 2,200 mark to avoid other decreases, while the recovery of $ 2,500 would signal the force and a potential trend reversal. However, continuous weakness could lead to another wave of sales pressure, pushing the ETH even lower. Investors remain cautious pending confirmation from the next Ethereum movement on this volatile market.
Ethereum faces a critical test
Ethereum had a hard time under a strong sale pressure and a negative feeling, leading to an extreme speculative activity promoting the lower -term positions. The uncertainty surrounding the action of ETH prices has fueled 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 in despair because the price fails to recover key resistance levels. Many traders have started to position themselves for more decline, strengthening the lowering prospects on the market.
However, some analysts still believe that Ethereum may soon put a rapid recovery. Ethereum approaches a critical inflection point where a decisive decision could determine the next trend of the asset.
This perspective aligns with the few optimistic analysts who argue that the Ethereum rally, at the beginning, will be aggressive. Historically, the ETH has presented strong rebounds after prolonged periods of downward pressure, and if the larger conditions of the market improve, the same could reproduce. For the moment, investors remain cautious, looking closely at Ethereum’s capacity to defend the level of support of $ 2,200 and to seek renewed signs of force.
Price struggles less than $ 2,500
Ethereum is negotiated at $ 2,222 after fought for days to recover higher prices. The price was subject to intense sales pressure and the feeling of investors remains lower because the ETH fails to establish a solid support zone. Eth Bulls lost control last Monday when the price started to decrease quickly, leading to a net correction of 26% in less than five days. This sale destroyed the main levels of support, leaving Ethereum in a vulnerable position.
For Ethereum to take up the momentum, the bulls must push the price above the level of $ 2,500. The recovery of this brand would signal the force and potentially trigger a recovery rally. However, without a strong push of buyers, the ETH could be stuck in a slow consolidation phase less than $ 2,500. This would probably lead to prolonged indecision on the market, which makes it difficult for merchants to establish clear positions.
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If the ETH fails to recover $ 2,500 soon, the market could see a continuous weakness, the sellers dominating prices’ action. On the other hand, if Ethereum manages to hold above the brand of $ 2,200 and build a support, the possibility of a strong rebound remains on the table. The next few days will be crucial because investors are watching for signs of a potential trend reversal or another downward movement.
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