Ethereum - $ETH

This week, the price remains under pressure at the MA200 levels. As long as we keep this zone as resistance, the bearish trend will continue to dominate the scene. That said, the trend line has acted as historical support on multiple occasions, and today we also saw an interesting reaction at this level. Traders are watching to see if it can hold or if it finally gives way. In the short term, everything suggests that the downward movement will continue unless we break through that moving average resistance.