The price of Ethereum is currently at a crucial point, with $2,460 being a significant level that affects market sentiment. If Ethereum can maintain this level, it will boost investor confidence and potentially attract new buyers. However, a drop below this level could lead to widespread liquidations and price declines. Investors tend to respond to support zones, so if Ethereum fails to hold $2,460, it may lead to further selling and push prices towards $2,300 or $2,200. On the other hand, if Ethereum can sustain prices above $2,460, it has the opportunity to recover and establish new resistance points at $2,550 and $2,650. The next few days will be critical in determining Ethereum's price direction and market sentiment in the short term.



Other News from Today