Chiliz (CHZ) and Ethereum Prices Hover Near Key Support Levels

Chiliz (CHZ) remains under bearish pressure, trading at $0.01695 with a 24‑hour volume of $24.9 million. The token is testing support around $0.0162 and may see a short‑term recovery toward $0.0183–$0.0191, but a break below the support could pull it toward $0.0150.

Ethereum is priced at $1,794, holding above the $1,750 support level. Analysts note that continued spot buying could push the price toward $1,850–$1,900, while a drop below $1,750 would raise downside risk. On‑chain data show the MVRV ratio below 0.8, indicating a deep accumulation phase, yet large holders (“whales”) have been reducing positions. Ethereum ETFs experienced a net outflow of $52 million, and futures open interest rose to $24.65 billion.

Both assets are navigating volatile market conditions, with technical indicators suggesting possible short‑term rebounds but broader uncertainty remaining.