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Every cycle has its moments of maximum fear. In previous bear markets, major industry failures shook investor confidence. Many traders see periods of panic, bankruptcies, or exchange turmoil as potent

HTX Creation Challenge — Post and Win 1,500U 💥Discuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Ethereum loses steam as bears target lower support Ethereum faced a strong rejection after tes

HTX  Creation Challenge — Post and Win 1,500U 💥

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Ethereum loses steam as bears target lower support

Ethereum faced a strong rejection after testing the $1,950 supply zone, where sellers quickly regained control and halted the recent recovery.

That rejection pushed price out of the ascending channel, signaling that bullish pressure had weakened considerably.

The RSI fell to 54.05, while remaining below its 59.40 moving average, indicating that buying strength continued fading instead of improving.

Price action also started forming lower highs after the rejection, reinforcing the growing bearish outlook.

As a result, $1,800 has emerged as the next likely support level as downside pressure builds.

A move toward that level now appears increasingly probable based on the current structure.

Should selling pressure accelerate after reaching $1,800, Ethereum would likely continue lower toward $1,700, where the next major demand zone could attract renewed buying interest.



Ethereum loses steam as bears target lower support

HTX Refer And Earn 

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