Ethereum price analysis is bearish today as we have seen consolidation and another spike lower to the $1,000 mark. Therefore, we expect ETH/USD to push even lower, opening the way for a lot more downside to be reached by the end of the month.
The market has traded in the red over the last 24 hours again. The leader, Bitcoin, lost 7.86 percent, while Ethereum 8.67 percent. The rest of the top altcoins have followed close by with similar bearish results.
Ethereum price movement in the last 24 hours: Ethereum fails to recover as consolidation breaks lower
ETH/USD ត្រូវបានជួញដូរក្នុងចន្លោះពី $986.85 ទៅ $1,095.56 ដែលបង្ហាញពីការប្រែប្រួលយ៉ាងខ្លាំងក្នុងរយៈពេល 24 ម៉ោងចុងក្រោយ។ បរិមាណជួញដូរបានធ្លាក់ចុះ 15.43 ភាគរយ សរុប 14.86 ពាន់លានដុល្លារ ខណៈដែលតម្លៃទីផ្សារសរុបមានប្រហែល 121.27 ពាន់លានដុល្លារ ដែលបណ្តាលឱ្យមានការគ្រប់គ្រងទីផ្សារ 14.36 ភាគរយ។
គំនូសតាង 4 ម៉ោង ETH/USD៖ ETH មើលទៅបំបែក $1,000?
On the 4-hour chart, we can see a pause at the $1,000 mark, likely as a slight reaction higher will follow over the next hours before more downside is seen later in the weekend. However, given the current bearish market structure, we expect further downside to follow once that is done.
តម្លៃ Ethereum action has seen strong selling pressure ក្នុងរយៈពេលប៉ុន្មានសប្តាហ៍កន្លងមកនេះ។. From the last swing high at $1,900, ETH/USD has already lost over 45 percent, indicating that bears should be exhausted.
Additionally, the past lower lows have reached only a slight downside, while the following reaction higher retested the $1,250 mark, indicating a reversal slowly forming. However, since another slightly lower low was set overnight at $1,000, the trend is still bearish.
Therefore, we expect ETH to break even lower soon. Likely, yesterday`s consolidation area will be retested as resistance before another lower local high is set. From there, bears should have enough momentum to finally break the $1,000 mark in a clear way.
Once the $1,000 mark is broken, we expect the Ethereum price to fall to the next psychological support level at $900. If it can not be reached, a reversal could follow early next week.
ការវិភាគតម្លៃ Ethereum៖ សេចក្តីសន្និដ្ឋាន
Ethereum price analysis is bearish today as we have seen another steady decline and retest of the $1,000 support. Since a clear reaction higher has not followed, we assume bears will soon look to push the market even lower. However, a slight local retrace could be seen later in the day to set up the next spike lower.
ខណៈពេលដែលកំពុងរង់ចាំ Ethereum ផ្លាស់ទីបន្ថែមទៀត សូមមើលការព្យាករណ៍តម្លៃរបស់យើងនៅលើ UNUS SED LEO, ប៊ីធីអូនិង Klaytn.
ប្រភព៖ https://www.cryptopolitan.com/ethereum-price-analysis-2022-06-18/