According to the external analysis, the area of Ether is currently hovering around $1,500 and is considered to be a key support for the current course of action. The continued decline over the past few months has clearly depressed market sentiment and contributed to the gradual release of highly leveraged positions. The current focus is on whether this location can attract new buybacks.

Fifteen hundred dollars is a short-line focus.

From the weekly line structure, ETH has returned to the historically concentrated support area. According to the article, this area has served as a price balance zone on many occasions in the past and is therefore particularly important for the next phase of directional judgement.

Liquidity heat attempts to show that more liquidity is available at the bottom of current prices. If $1,500 is lost, the price may go down faster to between $1,100 and $1,300. Relatively, there is also more intensive liquidity between $2500 and $4000, which, if bought, could be re-established as target zones.

The fall in hold means the leverage is out.

The article mentions that Chaikin Money Flow remains in the negative range, reflecting the fact that the outflow of funds has not yet ended and that spot demand has not increased significantly. This means that the buyer has not shown sufficient strength for the time being even if the price entered the support area.

At the same time, RSI is close to the oversale area, indicating that the previous drop in kinetic energy may have declined. Historically, such positions tend to attract part of the low-purchases, but the market may continue to press until there is a clear inversion.

The contract fell with the price. According to the article, it is more like a passive or active extraction of leverage positions, rather than a significant increase in empty space. Such situations sometimes occur near a stage low point, but do not amount to a price cut-off.

Cash requirements remain critical for follow-up

According to the article, $1,500 is one of ETH's most important lines of defence. If this position is secured and the spot purchaser starts to improve, the price has the opportunity to reopen the space to $2,500, or even $3000.

However, if the support is effectively broken, the market may continue to search for a lower-liquidity zone, implying that a deeper setback risk remains. On the whole, short-line technology indicators show some signs of abating, but what really determines the course is whether or not there is a return of cash.