Ethereum is struggling to recover after a sharp selloff pushed ETH below $2,100.
Heavy liquidations, continued outflows from spot Ethereum ETFs and renewed concerns over US crypto regulation have weighed on sentiment. With Bitcoin also under pressure, buyers are finding little support across the broader crypto market.
ETH/USD: $2,188 Is the Key Resistance
The short-term outlook remains bearish. According to the latest Trading Central analysis, $2,188 is the key pivot level.
Key Levels | Price (USD) |
|---|---|
Resistance 2 | 2,234 |
Resistance 1 | 2,217 |
Pivot Point | 2,188 |
Target 1 | 2,092 |
Target 2 | 2,075 |
Trading outlook:
- Below $2,188: Downside remains favored, with $2,092 as the first target, followed by $2,075.
- Above $2,188: A recovery could extend toward $2,217 and $2,234.
ETH is approaching its first downside target. This level could trigger a temporary rebound, but a decisive break below $2,092 may open the door to further losses.
What Traders Should Watch
Ethereum remains vulnerable as long as it trades below $2,188.
The key question: Can buyers defend $2,092, or will sellers push ETH toward $2,075?

