Ethereum (ETH) Trapped Below 200-Day EMA as $1,975 Options Strike Becomes Key Inflection Level
Ethereum has been stuck in a downward trend since mid-January, having fallen nearly 40% in a month from $3,200. The current price remains below its 200-day Exponential Moving Average (EMA) at $2,027, keeping the broader structure technically bearish. Nonetheless, the derivatives market is already rebuilding leverage
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