ETH is trading around $1,979 after facing rejection near the $2,100 zone. Price is currently moving below the 25 MA and still far under the 99 MA, which shows the higher timeframe trend is not fully bullish yet. As long as ETH holds above the $1,920–$1,950 support area, we could see another attempt toward $2,050+. But a clean break below support may bring more downside pressure. For now, it looks like consolidation before the next big move. Stay patient and manage risk. #ETH #Gate
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$ETH /USDT 4H update
ETH is trading around $1,979 after facing rejection near the $2,100 zone. Price is currently moving below the 25 MA and still far under the 99 MA, which shows the higher timeframe trend is not fully bullish yet.
As long as ETH holds above the $1,920–$1,950 support area, we could see another attempt toward $2,050+. But a clean break below support may bring more downside pressure.
For now, it looks like consolidation before the next big move. Stay patient and manage risk.
#ETH #Gate