Affected by news from the Middle East, Ethereum showed a significant falling trend in the early morning yesterday, performing quite weakly. Fortunately, the market's bottom support was strong, and buying power ultimately prevailed. By nightfall, the price began to rebound and dropped back after reaching a peak in the early hours of today, currently consolidating sideways around $2540.
The current market sentiment is generally optimistic, with a clear trend of buying at low levels. Investors may consider following the trend of Bitcoin, first observing this rebound market, and waiting for subsequent market news to become clear before making decisions.
Ethereum price key levels: the support level below is at $2450, and the resistance level above is at $2680. These price levels will be key areas that traders need to closely monitor in the short term.
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Affected by news from the Middle East, Ethereum showed a significant falling trend in the early morning yesterday, performing quite weakly. Fortunately, the market's bottom support was strong, and buying power ultimately prevailed. By nightfall, the price began to rebound and dropped back after reaching a peak in the early hours of today, currently consolidating sideways around $2540.
The current market sentiment is generally optimistic, with a clear trend of buying at low levels. Investors may consider following the trend of Bitcoin, first observing this rebound market, and waiting for subsequent market news to become clear before making decisions.
Ethereum price key levels: the support level below is at $2450, and the resistance level above is at $2680. These price levels will be key areas that traders need to closely monitor in the short term.