7*24

Hot topic

Market

Activities

ETH continues to struggle below the critical 200-day moving average, currently positioned around the $2.7K mark. This level has consistently acted as a ceiling over recent weeks, signaling a firm zone of selling pressure and hesitation among buyers. The failure to reclaim this key threshold has led to signs of weakness, as the price begins to form a distribution range, hinting at a potential corrective move. Given the lack of strong bullish momentum, a gradual decline toward the $2.2K support appears increasingly likely in the coming sessions. This zone may serve as a demand pocket, offering the market a reset opportunity before attempting another breakout above the $2.7K barrier. However, should sellers gain further control, Ethereum could even retest the 100-day MA near $2K as the next line of defense.

ETH continues to struggle below the critical 200-day moving average, currently positioned around the $2.7K mark. This level has consistently acted as a ceiling over recent weeks, signaling a firm zone of selling pressure and hesitation among buyers. &nbsp;The failure to reclaim this key threshold has led to signs of weakness, as the price begins to form a distribution range, hinting at a potential corrective move. Given the lack of strong bullish momentum, a gradual decline toward the $2.2K support appears increasingly likely in the coming sessions. &nbsp;This zone may serve as a demand pocket, offering the market a reset opportunity before attempting another breakout above the $2.7K barrier. &nbsp;However, should sellers gain further control, Ethereum could even retest the 100-day MA near $2K as the next line of defense. <img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-06/ef59816762e64a12bbc3b3eda0d32cf8.jpeg" alt="ETH-D-scaled.webp" style="margin-top: 10px; margin-bottom: 10px; width: 353px; height: auto;" />

ETH continues to struggle below the critical 200-d

All Comments0LatestHot

Trending Topics