Ethereum (ETH) is once again facing downside pressure after failing to maintain its recent recovery, raising concerns among traders about a potential drop below the critical $2,000 level. The cryptocurrency struggled to break through the key resistance zone between $2,300 and $2,400, where a persistent descending trendline continues to cap upward momentum. Instead of a breakout, ETH price action has reversed, slipping back toward short-term support levels while remaining below crucial moving averages. From a technical perspective, Ethereum remains in a weak position. The asset is trading… Read more
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