ETH's technical chart has been exhibiting significant movement patterns, with the token previously touching the 80xxx level—a critical price zone that traders have been closely monitoring. Currently trading around $2,010 (2.01K), the question circulating in the community is whether Ethereum can maintain its 2,100 support level amid ongoing volatility.
Technical analysts suggest that if price action breaks below the 2,100 threshold, Ethereum could potentially test lower support zones in the 7xxx range. Some traders are already positioning for downside moves, believing that shorting at current l