$ETH Ethereum price today: $2,530

Ethereum's recent decline from $2,700 was fueled by selling activity from investors who realized $1.5 billion in profits.

Increased inflows of 640K ETH into accumulation addresses and staking protocols partly explain why ETH's decline hasn't accelerated.

ETH could validate a bullish flag pattern if it sustains a firm rally above the $2,750 and $2,850 resistance levels