<ul><li>Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action.</li><li>Global financial markets remain on edge as trade war fears and geopolitical tensions intensify, causing cryptocurrency investors to shy away from high-risk assets like Ethereum.</li><li>Top analyst Big Cheds predicts that Ethereum may continue its downtrend and move into lower demand zones, with the potential acquisition zone between $1,200 and $1,300.</li><li>The failure to reclaim key support levels and the prolonged weakness below the 200 moving average and exponential moving average indicate that bears currently control the trend, making a sustained recovery difficult for ETH.</li></ul>

Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details

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