$ETH is currently testing an important support area around $2,635–$2,650. If this support holds, ETH could retest $2,750–$2,800. A daily close above $2,800 would be a stronger bullish signal.

Downside risk: If ETH breaks below $2,635, the next important area to watch is around $2,400–$2,450.

Simple view: ETH's short-term structure is still constructive, but $2,635 support and $2,800 resistance are the key levels to watch right now
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