Overview
- Ether traded near $2,294 and sat below $2,320 and the 100-hour moving average, with resistance clustered at $2,315 to $2,350.
- Technical gauges signaled soft momentum as the MACD turned lower and the RSI held under 50.
- Analysts said bulls must retake $2,350 to keep the recovery alive, with first support at $2,250 and a key band at $2,200 to $2,150.
- A clean break under $2,150 could point to $2,050 next, with a deeper fail line discussed near $1,940.
- On-chain reads showed lighter spot buying and a change in whale accumulation, even as trader Crypto Tice said he is adding to positions and outlined a $4,000 target.