$ETH 🚀 ETH/USDT Market Update: Ethereum Tests Key Resistance at $2,500! 🚀

The ETH/USDT pair is trading at 2,455.07∗∗(−4.102,455.07∗∗(−4.102,354.56–$2,499.70. Despite the pullback, Ethereum remains a focal point for traders as it tests critical levels.

📊 Key Insights:

- Support: $2,340 (May 18 low) – A hold here could signal consolidation.

- Resistance: 2,500(psychologicalbarrier)–Breakoutcouldtarget2,500(psychologicalbarrier)–Breakoutcouldtarget2,587 (24H high).

- Volume: $33.95B in 24H trades, indicating strong liquidity.

💡 Why Watch ETH Now?

- ETF Speculation: SEC decision on spot ETH ETFs looms, potentially fueling volatility.

- Market Sentiment: ETH dominance at +8.6%, reflecting altcoin strength 5.

- Technical Outlook: RSI near 40 (neutral), suggesting room for recovery.

$ETH