Ethereum is currently trading around the $2.4K–$2.5K region after losing some momentum from its recent recovery.

What interests me most is not the daily red candle itself.

It is how $ETH behaves around support.

The $2.4K area is important because buyers need to defend this region if they want to keep the recent recovery structure alive.

🟢 Bullish scenario:

If $ETH holds around $2.4K, creates a higher low on the 4H chart and then reclaims $2.5K, that could provide the first confirmation that buyers are returning.

A break above $2.5K with strong follow-through would make the structure more interesting.

🔴 Bearish scenario:

If $ETH loses $2.4K decisively and starts forming lower highs and lower lows, the recent bullish momentum could weaken further.

I would rather wait for a confirmed breakdown than assume that one red candle means the trend has completely changed.

📌 What I am watching:

$2.4K = support/decision zone

$2.5K = recovery confirmation

The bigger picture still depends heavily on Bitcoin.

If $BTC remains weak below $80K, Ethereum may struggle to sustain a breakout.

So I am watching $ETH independently, but I am also keeping Bitcoin's structure in mind.

No blind entries. No FOMO.

Just price action, support, resistance and confirmation.

4H candel chart,

#Ethereum #ETH #cryptotrading #Binance #altcoins