$ETH Market Update – Are Bears Finally Losing Grip?
After hitting a low of $2,348, #Ethereum has shown a sharp bounce back and is now trading above $2,405. This recovery from the day’s bottom suggests that bearish pressure is starting to fade, especially after days of constant selling. The key zone of $2,350 has once again acted as strong support, showing buyers are stepping in around this range.
To confirm the end of the bearish trend, ETH must hold above $2,400 and break back above $2,450 in the next sessions. Volume is picking up slightly, and short-term candles are turning bullish, forming a base for potential upside. If bulls can maintain momentum, ETH may retest $2,500 soon.
But if it dips below $2,350 again, caution is still advised. Watch closely—this could be the turning point.
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