Ethereum correction Archives - Coin Engineer https://coinengineer.net/blog/tag/ethereum-correction/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 19 May 2025 13:30:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Ethereum correction Archives - Coin Engineer https://coinengineer.net/blog/tag/ethereum-correction/ 32 32 Ethereum Nears Critical Level: Deeper Correction Ahead? https://coinengineer.net/blog/ethereum-nears-critical-level-deeper-correction-ahead/ https://coinengineer.net/blog/ethereum-nears-critical-level-deeper-correction-ahead/#respond Mon, 19 May 2025 15:30:43 +0000 https://coinengineer.net/blog/?p=42704 Weeks that start quietly in the crypto market often resemble the calm before the storm. While investors hold their breath, technical signals on charts begin to hint at what might come next. This time, all eyes are on Ethereum. Rejection From FVG Zone Raises Concerns Recently, ETH faced a clear rejection from a downward Fair

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]]> Weeks that start quietly in the crypto market often resemble the calm before the storm. While investors hold their breath, technical signals on charts begin to hint at what might come next. This time, all eyes are on Ethereum.

Rejection From FVG Zone Raises Concerns

Recently, ETH faced a clear rejection from a downward Fair Value Gap (FVG) zone — a key technical level that has historically influenced price direction. Now, the coin is trying to hold above the 2,394$ – 2,265$ support band. A decisive break below this zone could trigger a stronger wave of selling.

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Analysts warn that if this support is lost, ETH may drop to around 2,100$.

ETHEREUM
ETH/USDT pair 4-hour chart.

Altcoin Long Traders Should Be Cautious

This setup doesn’t just affect Ethereum but casts a shadow over the broader altcoin market as well. Traders opening leveraged long positions should proceed with caution. Sudden wicks and liquidity hunts could result in unexpected losses.

Monitoring not just technical indicators but also market sentiment and volume trends will be key in navigating this phase. Investors are advised to apply strict stop-loss strategies to manage risk effectively in the short term.

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