#ETHUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $2800.00 will hold and set the stage for a bullish reversal that could reach the channel's upper resistance.

if #Price fails to maintain the $2800.00 support and breaks below, this could signal an extended downward trend. The subsequent critical demand zone at $2000 is vital to watch, known for its strong liquidity and history of catalyzing significant upward movements.