$ETH Long liquidation at $1999.95 marks a key psychological and structural level. Price losing and failing to reclaim the $2000 zone signals weakness and confirms it as a strong resistance. This level now acts as a ceiling for any short-term recovery.
EP: $1970 - $1995
TP: $1920
TP: $1875
TP: $1820
SL: $2025
Trend is turning bearish with a clear rejection from the $2000 region. Momentum shows downside pressure as price fails to sustain above a major round level. The liquidation event suggests trapped buyers, increasing the probability of continuation toward lower support zones.
ETH
1,990.92
-0.61%
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