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Ethereum (ETH) Aligned for Deeper Pullback — Can Support Hold?
The Ethereum (ETH) price has been consolidating below the $2,000 pivot level, putting it at risk of more significant losses below the $1,750 support.
Since the past few days, ETH has witnessed a steady decline below the $2,500 support zone. This has led to the bears pushing the price below the $2,350 and $2,200 support levels. The market saw a further drop below the $2,000 support zone, where ETH formed a low at $1,761 before settling.
As of now, Ethereum is consolidating its losses, attempting to find support near the $1,750 level.
