Ethereum once again touched the resistance level of 2520 today, but has not stabilized yet, so there is no need to worry too much.

Some may ask where ETH might go if it experiences a rebound during the subsequent consolidation phase; based on daily level comparisons, it can be defended mainly in the range of 2560-2650. However, for now, let's first see if it stabilizes at 2520. On the intraday level, the support at 2400 has also been touched and rebounded multiple times.

Today, since 2520 did not stabilize, the first line of support can be placed in the range of 2400-2450, and if it breaks below 2400, the market will likely move to the range of 2200-2300.