Ethereum price continues to fluctuate narrowly around $1,950 today, with a slight 0.3% decline over the past 24 hours, still below the psychological level of $2,000. Technical analyst Ted Pillows pointed out that the ETH daily chart is forming a bearish pennant pattern, reflecting ongoing downward pressure. Key support and resistance levels:
Upward key: If the daily close confirms a breakout above $2,100 resistance, it could reverse the momentum and open the way toward $2,400.
Downward risk: If the daily close falls below the critical support of $1,850, it would confirm a breakdown of the stru
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