$ETH ETH price is currently trading at 2,175.60 USDT, down 2.20% in the past 24 hours. The price has broken sharply below the entire important MA system (MA5 ~ MA120), showing that the downtrend is still dominant. Highlights: • The price is below all the MA lines, with an increasing distance from MA60 (2.245) and MA120 (2.268) → a clear downtrend signal. • Nearest support: 2,161.75 (24h bottom). • Near resistance: 2,188 - 2,206 (MA10 & MA20 area). The chart shows a sharp decline with a large red candlestick, then a slight technical recovery but the buying force is still weak. The volume of ETH in the session decreased quite high, indicating that the selling pressure is still strong. Short-term conclusion: ETH is in a deep adjustment phase. If the support of 2,161 is lost, the price may move towards the area of 2,100 - 2,050. On the contrary, it is necessary to overcome back above 2,206 to have a short-term reversal signal. Currently, the technical trend is still biased towards bearish. Investors should be cautious and wait for a clearer confirmation signal.