Markets· ★★★· neutral·

Ethereum Tests $2,580 Ceiling That Decides Recovery or Slide Toward $2,300

  • —ETH trades near $2,461, down 1.8% in 24 hours
  • —Price reached about $2,520 earlier on Wednesday
  • —The $2,580 resistance defines the recovery scenario
  • —A breakdown opens the path toward $2,300
Why it matters: Holding $2,580 would confirm the rebound from the demand zone; a breakdown would add pressure on altcoins and ETH ETFs.
Source: Coinotag