Crypto:
35286
Bitcoin:
$119.773
% 0.50
BTC Dominance:
%63.7
% 0.08
Market Cap:
$3.75 T
% 1.33
Fear & Greed:
74 / 100
Bitcoin:
$ 119.773
BTC Dominance:
% 63.7
Market Cap:
$3.75 T

Ethereum At A Crossroads: Rebound Or Further Fall Ahead?

ethereum eth

As volatility continues to dominate the crypto markets, all eyes are once again on Ethereum. After a sharp correction, investors are watching closely to see if ETH can reclaim key resistance levels — or face renewed downside pressure.

ETH Tests Resistance After Sharp Pullback

In our previous analyses, we warned that if Ethereum failed to hold above the $2,550 resistance, a descending triangle pattern could lead to a significant correction. That projection came true, and ETH dropped as low as $2,100.


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Currently, the price is hovering between the $2,450 – $2,405 resistance zone. A clear breakout above this area could open the door to a move back toward the $2,550 mark.

Key Support Lies At $2,200

However, failure to break the current resistance might bring fresh selling pressure. In this scenario, the first major support for Ethereum stands around $2,200. A high-volume breakdown below this level could signal a continuation of the downtrend.

Ethereum
ETH/USDT pair 4-hour chart.

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