The current value is $2451.20, down 4.29% over the past 24 hours, indicating strong selling pressure after an attempt to test the resistance level at $2587.61.

The price range for today is between support at $2328.21 and resistance at $2587.61, with a high trading volume of 1.11 million ETH, reflecting active market movement and significant volatility.

The price is trading below the 99-day moving average at $2505.14, reinforcing the short-term bearish trend. However, testing the support level at $2426.33 will be crucial; if broken, the price may head towards $2328.21.

On the resistance side, the price needs strong momentum to surpass $2542.66 and then $2587.61 to regain the bullish trend. Market sentiment currently leans towards selling, but buying opportunities may arise at strong support levels if the decline halts.

In summary: The market is in a corrective phase after a previous rise, with a likelihood of continued decline if the current support fails. Close monitoring of key levels will determine the upcoming trend.

8680849755424904133371#ETH🔥🔥🔥🔥🔥🔥 #Ethereum #ETH走势分析