Ethereum (ETHUSD) continues its downward movement, approaching the $2,300 support level. This trend supports expectations of a bearish trajectory for the remainder of the day, with the next significant target at $2,168.74. For the bearish trend to remain valid, Ethereum must stay below the $2,463 level.
The anticipated trading range for today is between $2,260 and $2,500.
Trend Forecast: Bearish