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- Ethereum Price Outlook: Ethereum recovers to $2000, but the downtrend remains
Ethereum network experienced liquidations worth $70 million over the past 24 hours, with the most notable being long positions totaling $58 million as of this report, according to CoinGlass data. Since the beginning of the week, total liquidations have reached $456 million.
On the weekly chart, the ETH/USDT pair is trading at $2055. The price remains below the 20-week exponential moving average (EMA) at $2999, and the moving average is trending downward, limiting any rebounds. The continued gap below this indicator

- Daily Chart: Technical Outlook for Bitcoin:
Bitcoin is attempting to recover above the support level at $65,118, supported by the Relative Strength Index (RSI) which has stabilized at 31 on the daily chart after recently rising from the oversold region. Continued RSI recovery toward the midline will confirm a new bullish dominance, with bearish momentum waning.
Meanwhile, the Moving Average Convergence Divergence (MACD) is narrowing the gap with the signal line on the same chart. Additionally, the red histogram bars are steadily decreasing, indicating that sellers may have overextended their

- Ethereum Price Expectations: Investors in Ethereum ETFs face significant unrealized losses following a price decline:
Ethereum Price Today: $1920
Ethereum ETF investors are experiencing unrealized losses of approximately $5.15 billion after a 60% price drop over the past four months.
Net inflows decreased from around $15 billion to just under $12 billion during that period.
Ethereum continues its downward trend, aiming for the support level of $1740.
Ethereum ETF funds (ETH) in the U.S. spot market turned negative again on Wednesday after recording net outflows of $129.1 million, reversing t