Recently, the price of Ethereum has been fluctuating between $2480 and $2580. Although it increased a bit last week, the weekly chart has been flat for five weeks, and this week marks the sixth week.

I feel that it is very likely to drop to around $2400 soon, so I plan to place a buy order at $2400. If it can't hold $2400, then the market might really turn bearish. Right now, the market cannot be driven solely by the rise of Bitcoin; many altcoin projects have been nearly wiped out by the market manipulators, and the anticipated surge in altcoins seems even further away. #ETH