Price prediction Ethereum : After ETH has been bumped down to $2,500 recently, will the price hit $2,000 as a next step?

The price of Ethereum was raised close to$2,400 after the bidding$2,520 failed.

The reversal of Ethereum was quickly rejected, causing the price to return to a range,[34] and making the collapse picture still mainstream. Rising tensions between Iran and the United States may increase downside pressure on risks but further effects[35] are also hypothetical assessments rather than confirmed causes.[36]

The daily graph.

On a daily basis, an improvement of Ethereum to the zone$2,480$2,520 failed to generate sustained transmission. The recent leg shift pushed prices back into demand zones$2,360$2,440 and below the lower edge of the upper leg channel this rejection indicates that buyers have not yet regained control of the market despite repeatedly defending nearby trends.

The main situation tends to break down ifETH a day closes lower than$2,360 followed by the most recent end-of-line bullish low.$2,320 Such movements would confirm damage that is more than just temporary trend line breaks, and may extend induction into the zone.$2,200$2,270

However, the demand zone has not yet definitively collapsed; a reversal to the upside$2,440 with continuously rising legroom edges will weaken the short-term negative image. Buyers will still have to pass through the zone$2,480$2,520 in order to cut the lower peak sequence and promote wider recovery.

Graph for four hours.

The 4-hour graph shows a crossing up from the leg down but being violently rejected nearby.$2,520ETH Losing most of its gains on that run and re-entering the demand chain again, indicates that the crossing did not create a lasting transformation to the leg up.

The price is approaching the original leg down resistance line, $2,390$2,400.$2,400 This zone may act as a reversal test front, but its speed of reversals makes recovery vulnerable. If it breaks out of this zone, focus will move to the demand edge,$2,350$2,360$2,360 and followed by the last low in the row.$2,320$2,340

Continued breakouts below those lows will cause the continuation of a down leg to carry more weight towards$2,270 and possibly upwards.$2,200 Conversely, if the reverse test still stands and the price moves above,$2,440 an interpretation of the back-test pattern would also carry the passing weight.$2,520 This then becomes clearer evidence that the buyer has passed the most recent round.

The force maps are locked.

The pair's close-out forcing map data ETH/USDT on Binance over a 1-month period shows the group of estimated closing positions in rows $2,150$2,200 A bright area and eating area indicates an intensity of possible close-off loads below current prices, making this zone particularly relevant to breakout situations.

IfETH a demand zone breaks$2,360 and the last low is reached, this group may become a downtrend target; forcing closure of buy-side positions between successive legs can increase selling power as prices approach that zone and possibly accelerate moves.$2,200

The proximity of this zone to the deeper technical front reinforces its importance, but does not guaranteeETH reaching or falling back from it. Currently, failed rebounds and pressure on demand zones also make shore-side condition sources important while upward reversions$2,440$2,320 continually diminish their significance in the short term.

Point of interest.

The key issue is whether the price will close daily lower $2,360 and fall $2,320 or if it will reverse above $2,440 and pass $2,480 $2,520 to cut a series of low peaks. For tensions between Iran and the US, one must clearly distinguish as closing side pressures which are still hypothetical risks rather than confirmed causes for the decline.

Original data published by CryptoPotato