Ethereum (ETH) Trapped Below 200-Day EMA as $1,975 Options Strike Becomes Key Inflection Level

Ethereum has been stuck in a downward trend since mid-January, having fallen nearly 40% in a month from $3,200. The current price remains below its 200-day Exponential Moving Average (EMA) at $2,027, keeping the broader structure technically bearish. Nonetheless, the derivatives market is already rebuilding leverage source: https://www.ethnews.com/ethereum-eth-trapped-below-200-day-ema-as-1975-options-strike-becomes-key-inflection-level/