{"id":380034,"date":"2025-03-08T05:34:22","date_gmt":"2025-03-08T00:04:22","guid":{"rendered":"https:\/\/dripp.zone\/news\/bulls-traders-cluster-at-2100-as-us-nfp-data-introduces-fresh-risks-crypto-news-4\/"},"modified":"2025-03-08T05:59:14","modified_gmt":"2025-03-08T00:29:14","slug":"bulls-traders-cluster-at-2100-as-us-nfp-data-introduces-fresh-risks-crypto-news-4","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bulls-traders-cluster-at-2100-as-us-nfp-data-introduces-fresh-risks-crypto-news-4\/","title":{"rendered":"Bulls Traders Cluster at $2,100 as US NFP Data Introduces Fresh Risks &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ethereum price declined 8% in the last 24-hours, plunging below the $2,100 as as US Non-Farm Payroll (NFP) data introduces fresh volatility. The market reaction has kept ETH pinned below $2,142, struggling to establish a bullish recovery as sellers remain in control.<\/p>\n<h2>Ethereum price dropped below $2,100 on Friday, amid inflation readings in US NFP<\/h2>\n<p>Ethereum\u2019s price decline below $2,100 on Friday underscores bearish dominance, exacerbated by heightened macroeconomic uncertainty stemming from the latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/will-crypto-markets-crash-ahead-of-nonfarm-payrolls-revision\/\" target=\"_blank\" rel=\"noopener\">US NFP report<\/a>. The payroll data, which came in hotter than expected, showing rising unemployment which raised concerns over persistent inflation, strengthening the case for a hawkish Federal Reserve stance.<\/p>\n<h2>Ethereum Price Analysis: 4-hourly Chart<\/h2>\n<h3>Bears eyeing $2,000 on 4-Hour Chart<\/h3>\n<p>Ethereum price remains under downward pressure on the 4-hour chart after failing to break past the $2,319 resistance level. The rejection at this key price ceiling has reinforced bearish momentum, with the latest candlesticks showing increased selling pressure near the $2,156 pivot. A confluence of technical indicators signals potential downside risk toward the $2,000 psychological support level.<\/p>\n<p>The Donchian Channel (DC) highlights the recent price contraction, with the upper boundary at $2,319 and the lower support band at $1,993.<\/p>\n<figure id=\"attachment_242929\" aria-describedby=\"caption-attachment-242929\" style=\"width: 2782px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242929\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM.png\" alt=\"Ethereum Price Analysis: 4-hourly Chart\" width=\"2782\" height=\"1498\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM.png 2782w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-300x162.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-1224x659.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-768x414.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-1536x827.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-2048x1103.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.04.32-AM-150x81.png 150w\" sizes=\"auto, (max-width: 2782px) 100vw, 2782px\"\/><\/noscript><figcaption id=\"caption-attachment-242929\" class=\"wp-caption-text\">Ethereum Price Analysis: 4-hourly Chart<\/figcaption><\/figure>\n<p>The failed breakout attempt near the upper band suggests that bulls lack the strength to sustain a move higher, leaving the door open for further declines.<\/p>\n<p>The price action is currently hovering around the middle DC line, signaling indecision, but with a tilt toward the downside as volume spikes on red candles. Bearish momentum is further evident in the breakdown from the highlighted price cluster, where Ethereum shed 7.53% over six consecutive 4-hour candles.<\/p>\n<p>The red zone illustrates a liquidity flush, likely triggering stop-loss cascades from leveraged long positions, adding to the selling pressure. If the $2,156 support fails, Ethereum could slide toward $2,000, aligning with the lower Donchian boundary. On the flip side, a reclaim of $2,200 could reignite bullish sentiment and set up another test of the $2,319 resistance.<\/p>\n<h2>Ethereum Price Forecast: Daily time frame chart<\/h2>\n<h3>Bulls Struggles Below $2,142\u2014Will $2,009 Support Hold?<\/h3>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/ethereum-eth-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Ethereum price forecast<\/a> signals continue to lean bearish on the 24-hour chart, struggling to hold above the $2,142 level after facing strong resistance at $2,258.<\/p>\n<p>The latest daily candle reflects increased selling pressure, with ETH losing 2.73% in the session, confirming persistent bearish sentiment. The Keltner Channel (KC) highlights this downside momentum, as the price remains close to the lower band at $2,009, signaling the potential for further declines if the current support structure collapses.<\/p>\n<figure id=\"attachment_242928\" aria-describedby=\"caption-attachment-242928\" style=\"width: 2788px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242928\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Ethereum Price Analysis: 24-hourly Chart\" width=\"2788\" height=\"1506\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM.png 2788w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-300x162.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-1224x661.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-768x415.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-1536x830.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-2048x1106.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-150x81.png 150w\" data-lazy-sizes=\"(max-width: 2788px) 100vw, 2788px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-242928\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM.png\" alt=\"Ethereum Price Analysis: 24-hourly Chart\" width=\"2788\" height=\"1506\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM.png 2788w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-300x162.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-1224x661.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-768x415.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-1536x830.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-2048x1106.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/Screen-Shot-2025-03-08-at-12.02.02-AM-150x81.png 150w\" sizes=\"auto, (max-width: 2788px) 100vw, 2788px\"\/><\/noscript><figcaption id=\"caption-attachment-242928\" class=\"wp-caption-text\">Ethereum Price Analysis: 24-hourly Chart<\/figcaption><\/figure>\n<p>A clear downward trajectory is evident as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/ethereum\/\" target=\"_blank\" rel=\"noopener\">ETH price<\/a> has remained below the middle KC line of $2,417, reinforcing the bearish control of market structure.<\/p>\n<p>The sharp -7.53% drop over a single daily candle suggests that leverage liquidations could be playing a role in accelerating the selloff. If Ethereum fails to defend $2,100, a deeper retracement toward the $2,009 support appears likely, where buyers might attempt to reestablish control.<\/p>\n<p>Despite the bearish setup, a bounce from current levels could shift momentum in favor of the bulls.<\/p>\n<p>If Ethereum reclaims $2,200 and sustains a move above the $2,258 resistance, it could target the $2,417 mid-KC level, with an extended rally opening the door for a potential retest of $2,825. However, with volatility increasing and bears dominating, Ethereum risks further downside unless demand steps in decisively.<\/p>\n<h2>Ethereum Price Outlook Today<\/h2>\n<p>Ethereum\u2019s technical landscape reflects conflicting signals balance between bearish macroeconomic pressures and potential short-term rebounds. The 24-hour chart highlights key support at $2,009, while the 4-hour chart signals immediate downside risks following the rejection at $2,319. With NFP data suggesting sustained inflationary pressures, traders remain cautious, leading to liquidity-driven price swings.<\/p>\n<p>If Ethereum holds above $2,100, a relief rally toward $2,200 is possible, contingent on broader risk sentiment. A reclaim of $2,258 could spark momentum for a retest of the $2,417 mid-KC level.<\/p>\n<p>However, failure to sustain above $2,100 opens the door for further losses toward $2,009, where downside liquidity remains exposed. In the near term, ETH\u2019s trajectory hinges on macroeconomic developments, with inflation expectations playing a crucial role in determining market direction.<\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tEthereum fell below $2,100 due to strong US NFP data, raising inflation concerns and fueling expectations of a hawkish Fed.  <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tEthereum faces support at $2,009 and resistance at $2,258. A break above $2,258 could signal a potential bullish reversal.  <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tHigher inflation expectations can lead to Fed tightening, weakening crypto markets as investors shift toward lower-risk assets like bonds and cash.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/ethereum-price-forecast-bulls-traders-cluster-at-2100-as-us-nfp-data-introduces-fresh-risks\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/ethereum-price-forecast-bulls-traders-cluster-at-2100-as-us-nfp-data-introduces-fresh-risks\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/ec36c745ac13558e2dd911177d9a7d40?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>ibrahim  <\/p>\n<\/p><\/div>\n<p>Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price declined 8% in the last 24-hours, plunging below the $2,100 as as US Non-Farm Payroll (NFP) data introduces fresh volatility. The market reaction has kept ETH pinned below $2,142, struggling to establish a bullish recovery as sellers remain in control. Ethereum price dropped below $2,100 on Friday, amid inflation readings in US NFP [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":379247,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-380034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/380034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=380034"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/380034\/revisions"}],"predecessor-version":[{"id":380046,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/380034\/revisions\/380046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/379247"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=380034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=380034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=380034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}