Bitcoin News

Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?

2 hours ago

As most of the crypto market retests crucial level

As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon.

ETH macro structure breakdown. Source: AlejandroXBT on X

Ethereum’s performance in the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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