After breaking above the local consolidation range near $1,950, the Ethereum price The lower Bollinger Band near $1,814 marked the recent capitulation wick low around $1,820–$1,850, which now acts as critical short-term support. A daily close below $1,914 could reopen downside toward $1,820, and a breakdown there exposes $1,700 next. RSI is hovering near 36, recovering from oversold territory but still below the 50 midline — signaling weak bullish momentum. For bulls to regain control, ETH must reclaim $2,095 first, followed by a stronger breakout above $2,157. A sustained move above $2,260 would invalidate the immediate bearish bias and shift targets toward $2,360. Until $2,157–$2,260 is reclaimed decisively, rallies are likely corrective rather than trend-reversing.
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