Ethereum

ETH is trapped in a $1,800–$1,920 consolidation range with the $2,000 level acting as a hard ceiling; a confirmed break above $2,000 is needed to shift the medium-term structure from bearish to bullish.

ETH is trading at $1,861.80, well below its 2025 all-time high of $4,953.73 and failing to reclaim the key $2,000 psychological resistance, with BTC also sliding -1.4% on the day, signalling broad crypto risk-off pressure.

Main Risk

BTC Correlation Drag & Broad Crypto Risk-Off

BTC is down -1.4% to $64,220 on the day, and if it breaks below the key $63,000 support, ETH historically sells off 2–3x harder, risking a swift move toward $1,750.