#PowellRemarks

Ethereum is trading near $2,518, having declined slightly (~0.3%) as bulls and bears battle below the $2,540–$2,570 range . Technicals show consolidation between $2,400–$2,750, with resistance stalling around $2,660 . On‑chain, whales have been accumulating—adding 800K+ ETH daily—signaling institutional interest despite recent pullback . Recent reports highlight continued spot‑ETP inflows and regulatory clarity boosting sentiment . Analysts expect volatility to persist: a breakout above $2,600–$2,650 could trigger a rally, while a drop below $2,400 might spark renewed weakness. Keep an eye on volume spikes and macro news for direction.