Ethereum is facing renewed selling pressure, and traders are watching the $2,300 level closely.
What’s driving the concern?
Institutional demand, ETF fund flows, and overall market sentiment are all important factors right now. If buyers fail to defend support, $ETH could face further downside. But a strong bounce could change the picture quickly.
What happens next?
A recovery above resistance could bring buyers back, while a confirmed breakdown may increase selling pressure across the market.
For now, patience matters more than chasing every move.
Your take: Will $ETH recover from $2,300, or are we heading lower?