While $ETH has enjoyed a strong run, the recent price action around the $2,690-$2,700 level suggests some resistance is building.
We're seeing candles with upper wicks indicating selling pressure entering the market at these higher points.
This could signal a potential short-term pullback or a period of consolidation as buyers and sellers battle for control.
It's prudent to watch how $ETH behaves if it tests the $2,600 support zone.