According to CoinStats, the ongoing market drop is the most likely scenario for Ethereum (ETH). The price of ETH has fallen by 5.22% in the last 24 hours. The hourly chart suggests a bearish trend, and if support levels are broken, a test of the $1,900-$1,950 zone is expected. The closure of the daily bar around the $1,993 level will be important. If it closes around current prices, there may be enough energy for a more significant decline to the $1,900 area. Sellers are currently controlling the market, and if buyers lose the $2,000 area, a drop to the $1,800-$1,900 range is likely by the end of the month. Ethereum is currently trading at $2,030.



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