Price Prediction
Ethereum Price Analysis: Is $2K in Play as Bearish Sentiment Builds?
Ethereum's price has fallen to around $2.37K, breaking below its ascending channel and facing increased selling pressure, particularly in the futures market. The immediate support zone is between $2.32K and $2.36K; a sustained close below this level could lead to a decline towards $2.22K or lower. Current futures market sentiment indicates a shift to sell dominance, reinforcing a bearish outlook unless buyers can reclaim key resistance levels above $2.44K.