Can it recover $ 2,000 a barrier?

Etherum replied to a critical daily level of support with strong bouncing, offering glittering of the bullock hope. However, the price of the price remains in a larger range, and the path to the recovery depends on the structural certificate and support of the volume.

Ethereum She recently found support at a key daily range of $ 1,550 after being passed through steep and aggressive sales. This level has historically acted as a strong area of ​​interest, and the price reacted accordingly, printing sharp 10% bouncing on upside down.

Although this move seems promising in isolation, it is important to note that there has been a broader bear market structure, which remained untouched several months. The sustainability of this bounce largely depends on monitoring and whether the strength can support the continuation upward.

Key points

• Etherem bounced 10% of the daily support to $ 1,550, but moving the missing sound for volume.
• Resistance to $ 2,000 is critical for breaking the bear structure and confirming higher high.
• Failure to return $ 2,000 increases the probability of returning to range near $ 800.

Despite the set, the volume profile remains subordinate. To develop this bounce into a structural shift, Etherum must not only be held above level 1,550, but also push more with conviction.

A $ 2,000 zone serves as a level of pivotal resistance; Indicates a threshold for breaking the current sequence of lower high and lower falls. The confirmed pause above this level would establish a new higher high and potentially reset the market structure towards the direction of bull.

Without this certificate, a recent bounce can simply be even lower in the last time.

If Etherum fails to clean the $ 2,000 brand, the probability increases that the property will remain trapped in its wider range. In this scenario, the price of the price can be slowly rotated towards the range of low about $ 800, especially if the bear is returned.

The current set would then be interpreted as a reactive bounce from support, not the beginning of turning a trend. This underlines the importance of viewing not only the level of prices, but also the quality of the very move, especially strength and candles to continue.

Etherum’s hinge roads on how the market responds to the next critical resilience. The continuation of the strokes upwards with strong participation could signal that the bottom is in the bottom and that the new higher is formed, the key ingredient for the Bukovski turnaround. However, any sign of exhaustion or failure to keep the ringing pressure, probably will result in pulling or, worse, continuing the existing trend.

What to expect in the upcoming price of the store

If Etherum can keep above $ 1,550 and push through $ 2,000 with increasing volume, a new bakery winding structure can start forming.

Until then, this bounce should be treated with care. If it was rejected below $ 2,000, the market can be returned to its established range, with $ 800 as the next major support. Merchants should be prepared for any scenario and in accordance with this risk.