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Price Prediction

The accumulation of Ethereum has ended almost – the collapse above $ 2,200 can lead to the expansion stage

The cause of confidence

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ETHEREUM is trading above the level of $ 2000 after spending several volatile weeks in an attempt to restore it. Since late February, ETH has decreased more than 38 %, which led to the widespread panic as the price erupted below the main support and briefly decreased for less than $ 1,800. The decline raised fears of the long, long -standing trend, with a lot of questioning whether Ethereum has entered the bear market.

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However, feelings began to shift. Investors are now looking for recovery marks as ETH settles and re -testing important levels. An increasing number of analysts believe that recent fluctuations may have been a final vibration before a new trend.

TED bidows has shared visions on X, indicating that Ethereum may conclude the “manipulation phase”. This stage is usually characterized by irregular price procedures designed to exhaust both bulls and bears before committing the market in a clear direction. If the stage ends soon, ETHEREUM may refresh significantly in the coming weeks.

As ETH is hovering near $ 2000, the next few sessions will be very important in determining whether the bulls can keep the momentum or if there is another negative side.

Ethereum bulls face a test where the expansion phase is looming

ETHEREUM Early Signs of Power shows a decisive $ 2000 sign, which was a level of psychological and technical battle for weeks. The bulls are called to work where the broader market begins to settle, with an eTH price permit to a potential recovery. However, the situation remains fragile, with uncertainty that dominates feelings and there is no clear trend yet.

Speculation is divided between those who expect deeper correction and others betting on a wide recovery. Currently, Ethereum is still linked in the range, and you should support any attempt to collapse through a strong conviction to change the momentum. The bulls must defend the level of $ 2000 and start targeting the upper resistance areas to stir confidence in the continuous upward trend.

The pillows stated that ethereum It is possible that he will come out of what he calls the “manipulation stage” – a confusing movement designed to deplete buyers and sellers. According to the pillows, this stage ended almost, and the time of expanding Ethereum is about to start.

Ethereum is about to enter the expansion stage Source: Ted pillow on x
Ethereum is about to enter the expansion stage source: Ted pillow on x

The sure penetration will be higher than the level of $ 2200 is the catalyst for a new expansion course, and the ETH may be sent to higher lands in the coming weeks. Until then, the price will remain sensitive, with the next few sessions to determine the ethereum path.

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But the bulls face a major resistance in front of them

ETHEREUM is currently trading at $ 2070 after being able to restore the level of $ 2000 – a decisive psychological and technical area that has been resistance in recent weeks. This step represents an important step for bulls who are now trying to consolidate momentum and prevent the negative side. However, the real test awaits us, as ETH must restore $ 2,250 to start the real recovery stage.

Eth tries to pay higher than the highest offer Source: Ethusdt Plan on TradingView
Eth tries to pay higher than the highest offer source: Ethusdt chart on Tradingview

The 2,250 dollar brand is in line with the previous areas of heavy trading activity and can serve as a launch platform for the broader rising arrangement if the bulls can turn it into support. It is possible that this level will attract that seizing this level would attract the new demand and restore investor confidence, especially after the assets have thrown more than 38 % of its value since late February.

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Despite the short term optimism, the negative risks remain. If ETHEREUM fails to get more than $ 2000, the market may suffer from renewal of sales pressure, and perhaps ETH to the support level of $ 1,800. Such a decrease would enhance the emotional feelings and delay any potential recovery gathering.

Currently, traders are closely monitoring if Ethereum can take advantage of its current power and restore higher levels in the upcoming sessions.

Distinctive image from Dall-E, the tradingView graph

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