ETHUSDT chart on TradingView<\/a><\/figcaption><\/figure>\nTo shift the trend, bulls need to push ETH above $2,000 and ideally reclaim the $2,200 level, which would mark a break from the recent downtrend and signal the start of a potential recovery phase. Without that move, however, price action continues to favor sellers.<\/p>\n
The $1,800 level is now the last line of defense. Failing to hold and reclaim it quickly could open the door to a much steeper decline. If bears continue to pressure price below this zone, Ethereum may revisit levels not seen since early 2023 \u2014 with $1,750 and even $1,550 as potential downside targets.<\/p>\n
Momentum remains against ETH, and unless bulls step in decisively, the trend looks set to continue lower. The next few days will be critical in determining whether Ethereum stabilizes or breaks further down.<\/p>\n
Featured image from Dall-E, chart from TradingView\u00a0<\/span><\/p>\n<\/div><\/div>\n\n
![\"bitcoins](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/08\/Sebas-The-Alchemist-8.png?resize=200%2C200\")
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Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.<\/p>\n
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To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian’s goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape.<\/p>\n
To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.<\/p>\n
Sebastian’s passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance.<\/p>\n
Sebastian’s journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n
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\n\t\t\t\t\t\t\tentirely at your own risk.<\/p>\n<\/p><\/div>\n Sebastian Villafuerte Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies<\/p>\n","protected":false},"author":1,"featured_media":846870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1846,25740],"tags":[11476],"class_list":["post-846869","post","type-post","status-publish","format-standard","has-post-thumbnail","category-behind","category-ethereum","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=846869"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/846869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/846870"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=846869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=846869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=846869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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