For now, ETH remains under pressure with no immediate signs of a reversal, but the shrinking exchange supply could set the stage for a strong rally if buying interest picks up. Related Reading: Bitcoin Realized Price Model Signals Correction May Still Have Weeks To Run – Details If bulls manage to defend this level and reclaim the $2,000 mark in the coming days, it could signal the beginning of a recovery rally. Until then, ETH remains vulnerable, and a close below $1,800 could open the door to a retest of lower support levels, potentially accelerating the decline if sentiment worsens further.
Author: Sebastian Villafuerte
Published at: 2025-04-06 20:30:45
Still want to read the full version? Full article
