In search of support
Current price: ~$2,399.50 USD
Local time: May 19, 2025, 07:13 PM (UTC-4)
Situation: Ethereum is facing resistance after a drop from $2,600, with significant selling by large investors.
Projection: If it stays above $2,400, it could recover towards $2,744; otherwise, it could drop to $2,200.
Narrative: Ethereum is in an adjustment phase, seeking to consolidate its position amid market volatility.