#ETHMarketWatch

Key Technical Levels:

* Support Levels: Immediate support for Ethereum is around $2618 and then $2587. Another key support level emerges at $2530 - $2535, which is considered a strong buyer area. Maintaining the price above these levels reinforces short-term optimism.

* Resistance Levels: Ethereum faces immediate resistance at $2692 and then $2720 - $2750. The most significant resistance currently is at $2750 - $2900. A sustained breakthrough of this latter level is crucial for continuing the ascent towards higher levels.