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$ETH is currently facing downward pressure, trading near $1,861 following a 4.13% intraday decline.
After failing to hold the $2,000 psychological level, the price tested a local support floor at $1,837.
Bulls must now defend this zone to prevent a deeper slide, while a reclaim of the $1,960 resistance is necessary to shift the immediate short-term momentum back toward a bullish outlook.
#ETH #Ethereum #Crypto