Corcumum’s trend scores from Kohorta’s indicator that all types of wallets are currently distributing to bitcoins. The distribution, which began at the beginning of the year, is very similar to the correction period known in 2024. The Ethereum (ETH) is difficult because the course is now developing below $ 2,000. Will ETH recover below $ 2,000, or will the decline continue? Let’s analyze the situation!
The Ethereum course decreases by more than 10 % per 24 hours
The Ethereum Performance Table is completely red. Ethereum course A decline of more than 10 % per 24 hoursand he Correct for six months Face to face the dollar (-20 %):
The Ethereum performance faces different couples. Source: Coincheckup
ETH also bleeds before bitcoins. A couple ETH/BTC Records almost 10 % in 24 hoursand she Toole for six months (-42.5 %). From a speculative point of view, ETH does not appear Nothing positive over the past 6 months.
The Ethereum course loses $ 2,000
With a fall recorded at the beginning of the week is the ETH course in the process lose $ 2,000. Now the course draws and Dynamics down below the ascending trend line and under mobile diameters 9 and 18 shelters ::
The course continued 1 750 $ SupportBut for now, Nothing suggests that the trend of descending is over. In parallel, RSI is still evolving under the trend line Downstream. If that is the case, Momentum remains fragile.
ETH must continue with daily support of $ 2,000
From the top, the course displayed a a decline of almost 60 %. The Sellers have controland the course cannot iron for mobile averages and trend line:
The journey will be long before we find ETH to daily but for Avoid new bleedingit would be necessary Continue $ 2,000 as support. In this case, the course could return to Resistance to 2 350 $. On the other hand, if the course Lose support for $ 1,730could Return around $ 1,500. RSI is always Blocked under Downstream Trend Line. And as long as it is, Momentum is a fever.
A decline in bitcoins below $ 80,000 caused a loss of $ 2,000 per ethereum. And if a drop in pok