In the world of cryptocurrencies, calm often precedes a storm. Ethereum, the leading altcoin, is once again testing a highly critical level. The market watches closely as the price hovers around a familiar danger zone.
Previously, we highlighted the importance of the $2,550 level—and now, ETH seems ready to challenge it once more.
Critical Moment at Key Support
On the 4-hour chart, ETH is pressing against the $2,550 threshold. A clear close below this line could trigger a broader market pullback. If this support fails, the next target stands at $2,350, which could spell trouble for altcoins across the board.
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Volatility is high, and caution is advised. A support breakdown could set off a bearish domino effect.

Recovery or Just a Pause?
Despite a healthy bounce from the upward trend line, the danger hasn’t fully passed. Temporary recoveries can be deceptive. Analysts suggest waiting for clearer confirmation before making significant trading decisions.
Especially for those involved in leveraged trading, it’s crucial to manage risk carefully. Sharp drops might offer buying opportunities—but they can also trap hasty traders in losing positions.
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