$ETH
Ethereum 4H Technical Analysis
On the 4-hour chart, Ethereum (ETH/USDT) is currently trading around $1,950 and showing short-term bearish pressure after failing to hold above the $2,100–$2,200 resistance zone. Price has formed a series of lower highs and lower lows, indicating weakening bullish momentum.
The recent decline suggests sellers are controlling the market, with $1,930–$1,900 acting as the nearest support. If this level breaks, ETH could extend the drop toward $1,860. On the upside, $2,000–$2,040 is the key resistance area; a breakout above this zone could trigger a recovery toward $2,100.
Trade Idea (Short Term):
Entry: $1,930 – $1,950
Target: $2,000 / $2,040
Stop-loss: $1,900
Overall, the 4H structure remains slightly bearish unless ETH reclaims the $2,000 level with strong volume