Six Days of Losses Leave Ether 5% Under the $2,360 Ceiling Bulls Need

At a Glance Ether fell for a sixth straight session and now trades far below its level of a year ago. Price sits under both its 50-day and 200-day averages, while momentum gauges still favor sellers. Reclaiming the nearest ceiling on a closing basis would give buyers their first real foothold since the slide began. Ether extended its losing streak this week, slipping again as recession worries and heavy selling by large holders kept pressure on the second-largest cryptocurrency. The drop leaves ETH stuck beneath its key trend lines, with momentum readings flirting with oversold territory. Traders now want to know whether that stretched condition sparks a relief bounce, or whether sellers keep control and drag the token toward deeper support.

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