Ether's price may fall to new yearly lows if bulls cannot maintain support above $2,150 to $2,400. The market remains influenced by macroeconomic factors and geopolitical tensions.
- Ether faces potential price correction if it fails to hold above $2,150 to $2,400.
- Over $1 billion in futures-driven sell pressure increases risk of ETH falling below $1,800.
- Resistance at $2,150 has acted as a barrier seven times in the past two months.
- Short positioning remains passive, with $2.4 billion in long liquidations near $1,845 and $1.7 billion in short liquidations near $2,255.
- Geopolitical tensions, including U.S.-Iran developments, have increased selling pressure on ETH.
- A sustained move above $2,150 could target $2,400, with the next expansion zone near $2,800.
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