Ethereum broke past $2,500 after staying below $2,000 for months, then dipped to around $2,470–$2,480. Some believe ETH could surge due to ETF excitement and growing DeFi use. Others think $2,500 is a tough barrier and expect a short-term drop.
Trend: Bearish.
Signal: Sell (short) for now; watch for a buy signal at support ($2,435.51) with confirmation.
Short Setup: Entry at $2,473.37, stop loss at $2,512.67, target $2,435.51.
Long Setup: Entry at $2,435.51 (on confirmation), stop loss at $2,420, target $2,479.37.