ETH Defends $2.4K Support Despite Weakening US Buying Pressure: Ethereum Price Analysis
Ethereum is attempting to recover after a sharp sweep below the $2.4K support region, now trading around $2.45K. The rebound has brought the price back to the upper boundary of a key demand zone, but the market still needs to show that buyers can hold this area before the broader recovery can be considered back […]
Ethereum swept below the $2.4K support region before rebounding to around $2.45K, returning to the upper boundary of a key demand zone. The analysis notes weakening US buying pressure, meaning buyers still need to prove they can hold this area for a broader recovery to be confirmed. Traders would watch whether $2.4K holds as support, since a sustained break lower could open further downside while a defended level keeps the rebound thesis intact.
