Ethereum (ETH) at a crucial monthly moment:
The current situation: Ethereum is trying to end a "curse" that has lasted for 6 consecutive months of losses (since September 2025). Although March is still green by 2.93%+, the gains are at real risk.
⚠️ Indicators of concern:
Whale behavior: Major investors have dumped 180,000 ETH in just two days, reflecting a lack of confidence.
Weak liquidity (MFI): There is a bearish divergence; the price is trying to hold but the actual buying volume is in continuous decline.
The descending channel: The price has been trapped inside a negative channel since mid-March, heading toward testing low levels.
🎯 Levels to watch:
The 1,970$ area (red line): Breaking this support means the month turns red and the series of losses continues for a seventh month.
The $2,050 level: This is the key to regaining positive momentum and securing a green monthly close.
The worst-case scenario: Breaking the channel downward could drop the price toward areas of 1,830$ then $1,650.