High
Ethereum is retesting critical horizontal support at $1,900, a level that analysts believe could determine its next major move. failure to hold this or the $2,000 mark could lead to significant drops to $1,600 or $1,300. a macro outlook also suggests a potential 'shakeout' to new lows before a long-term bullish cycle.
High
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Bearish
Immediate price action shows eth struggling to hold above $2,000 and retesting $1,900. analysts warn that a weekly close below $1,900, especially breaking a three-year rising support line, could trigger a sharp decline to $1,600 and potentially $1,300. the macro view also anticipates a final 'shakeout' to the downside before a true bull market.