$ETH 2H Chart Outlook
#Ethereum is compressing inside a broad falling wedge on the 2H, currently trading around $1,960–$1,970.
Price just reacted off the lower wedge boundary near $1,900, which is acting as structural support. That level has now become the key pivot for this entire setup.
Right now, ETH looks positioned for a test of the upper wedge region near $2,000.
Key Support:
$1,900 – lower wedge support
Below that: $1,850–$1,820 liquidity pocket
Key Resistance:
$1,990–$2,020 (upper wedge + psychological $2,000 zone)
As long as
#ETH holds above $1,900, the structure favors another rotation toward $2,000. A clean breakout and 2H close above $2,020 would shift short-term momentum and open room toward $2,080–$2,120.
However, repeated rejection at $2,000 keeps ETH trapped inside the wedge. If $1,900 breaks decisively, expect acceleration toward the $1,850 region first.
This is compression between $1,900 and $2,000.
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