The support level below is hanging by a thread:
The price is currently struggling around 2,500, with strong resistance overhead at MA25 (2,640). The only support below is the purple long-term moving average, MA99 (2,249.91).
Against a backdrop of “low-volume rebounds + moving-average resistance,” the psychological 2,500 level looks very fragile. If the price fails to reclaim 2,550 on strong volume over the next few days, it will most likely continue to fluctuate downward and test the strength of support at 2,250.$ETH
The price is currently struggling around 2,500, with strong resistance overhead at MA25 (2,640). The only support below is the purple long-term moving average, MA99 (2,249.91).
Against a backdrop of “low-volume rebounds + moving-average resistance,” the psychological 2,500 level looks very fragile. If the price fails to reclaim 2,550 on strong volume over the next few days, it will most likely continue to fluctuate downward and test the strength of support at 2,250.$ETH