ETHUSD traded extremely weak for the second consecutive day and lost more than $250. It hit a low of $2198 at the time of writing and is currently trading around $2213.
Ethereum whales have accumulated nearly $1 billion worth of ETH in the past month. According to data from Ali Martinez, ETH whales acquired over 410000 ETH tokens in Dec.
The intraday weakness can be seen if it breaks below $2100. On the lower side, the near-term support is $2100. Any break below targets $2000/$1900. Significant downtrend if it breaks $1900.
The immediate resistance stands at around $2320. Any intraday break above $2360 confirms a minor jump to $2450/$2500 is possible. A surge past $2500 will take Ethereum to $2700.
It is good to buy on dips around $2000 with SL around $1900 for TP of $2500.


ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major Pair levels and bias summary
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 



