ETHEREUM: Bulls Defending Support, Bears Still In ControlEthereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisSupport Continues To Hold • Ethereum has once again found buyers around the key multi-month support near $1,550, keeping the possibility of a double bottom alive for now. Resistance Remains Firm • The recent rally stalled at the $1,800-$1,850 resistance zone, where sellers stepped back in before price could challenge the bearishly crossed 100/50-day EMAs. Trend Still Favours The Bears • With bearish price action, price continues to trade below both moving averages, with the bearish EMA cross reinforcing the broader downtrend until proven otherwise. Momentum Mixed At The Lows • Selling volume has picked up into the recent lows, although RSI has formed a slightly higher low while StochRSI has returned to oversold territory, hinting that downside momentum may be easing. Bulls Still Have Everything To Prove • Holding $1,550 keeps the bullish case alive, but Ethereum must reclaim the $1,800-$1,850 resistance zone before any meaningful shift in trend can be considered. In Summary Ethereum continues to defend the important $1,550 multi-month support, giving bulls a platform to attempt a recovery. However, the broader technical picture still favours the bears, with price trading below the bearishly crossed 100/50-day EMAs and resistance holding firm around $1,800-$1,850. While momentum is showing some early signs of stabilising, the trend remains bearish until buyers can reclaim key resistance and begin producing higher highs.