FenzoFx—Ethereum rejected resistance at $4,233.00, aligned with the bearish fair value gap. Friday’s selloff widened the trading range, increasing risk for ETH traders.
The trend remains bearish while price stays below $4,233.0. Critical support lies at $3,825.0. If ETH closes below this level again, the downtrend may escalate toward $3,368.0. Traders should approach cautiously, as the market is in an uncertain phase with potential for volatile price swings.
The trend remains bearish while price stays below $4,233.0. Critical support lies at $3,825.0. If ETH closes below this level again, the downtrend may escalate toward $3,368.0. Traders should approach cautiously, as the market is in an uncertain phase with potential for volatile price swings.
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