I’m watching $ETH /USDT around $2,594 after the recent drop. Price is sitting below the visible MA60 at $2,614, which keeps the short-term structure under pressure. The chart shows a sharp selloff toward $2,588.59, followed by a modest bounce. For me, $2,588–$2,587 is the key nearby area to watch, while $2,605–$2,614 looks like the first resistance zone from the visible chart. If ETH can reclaim the MA60 with strength, momentum could improve. If the lower area fails, sellers may remain active. Volume also shows a noticeable spike during the selloff, so I’d wait for confirmation rather than chase the current move. ETH is at a decision point here.