The Ethereum market is currently in a period of consolidation, with low trading activity and indecision among buyers and sellers. The key support level at $2.5K is holding, but a breakout is needed to determine the next trend. If selling pressure increases, the price could break below the $2.5K-$3K range. On the lower timeframe, Ethereum is consolidating with low volatility and is below a key resistance level, indicating uncertainty. The futures market, as measured by funding rates, suggests that buyers may enter the market, potentially leading to a recovery above $3K.



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