#ETHMarketWatch

$ETH is currently trading at $2,553 down 4.67% over the past 24 hours. After a strong 44% rally this month, ETH is showing signs of short-term exhaustion.

The recent Pectra upgrade continues to bolster long-term confidence, but technical indicators now suggest a likely retest of the $2,300–$2,250 support zone. On-chain activity remains stable, with no major exchange inflows signaling holders aren’t panicking.

As macro headwinds persist, including renewed U.S.–EU trade tensions, $ETH may consolidate before its next move. Key levels to watch: $2,680 resistance, $2,250 support.

#ETHMarketWatch

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