đNEUTRAL: $ETH (1D)
Analysis:
ETH/USDT is in a persistent downtrend since peaking at $4,600. The descending pattern shows price action flirting with a key support level near $2,100. This level is crucial for any bullish momentum to build up.
Price Targets:
Holding above $2,100, Ethereum could eye a rebound towards $2,800 and eventually $3,400. On the downside, failing to maintain $2,100 might see it retrace to $1,700.
