$ETH /USDT – Consolidation Near Support Zone as Bulls Defend $2,500

Ethereum is currently trading at $2,518.79 (-1.12%), showing mild downside pressure after failing to hold above the $2,550 resistance. The price remains within a broad consolidation range, supported by a 24h low of $2,435.51 and capped by a high of $2,565.74, with strong intraday volume at 773,902.88 ETH (~$1.94B USDT). Depth levels show significant buying interest building from $2,485.35 to $2,468.51, signaling that bulls are defending key layers near $2,500. Watch for a breakout above $2,552.68 to confirm bullish continuation. If support at $2,472.34–$2,468.51 fails, expect further downside probing. Momentum remains neutral on the 4H and 1D timeframes, with volatility expected to pick up around the next sessional close.