Ethereum is still showing weaker action compared to Bitcoin, having broken below its 50-Day Moving average ($2,220) and just holding above its October downtrend, leaving the crypto in a more balanced than bearish outlook.

Any move below $2,000 could accelerate the selloff in the broader altcoin Market, but as long as the action remain above the key level, bulls can still remain optimistic.

Levels of interest for ETH trading:

Support Levels:

• mini-support $2,000
• $1,700 to $1,800 Pre-Bounce 2025 Key Support (testing)
• $1,744 February 6 lows
• $1,380 to $1,500 2025 Support
• 2025 Lows $1,384

Resistance Levels:

• Daily 50 MA $2,220
• Mini-Resistance $2,400
• $2,500 to $2,800 June 2025 Pivotal Resistance
• $3,000 to $3,200 Major momentum Pivot (Test of the $3,000)
• $4,950 Current new All-time highs

The narrative is easing, but keep track of WTI Crude and the latest headlines to stay ahead of the game.

Safe Trades!

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