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🔻 Ethereum has fallen below an important support level ($2560) after failing to overcome resistance at $2610, indicating weakness in bullish momentum.
📉 Technical indicators like RSI and MACD show bearish momentum, an increase in volatility, along with a decline in trading volume and open interest.
📊 Next support: $2515
📊 Further support: $2440
📈 Resistances: 2580$ – 2610$ – $2645
💥 Summary: The market is currently in a cautious position, with control leaning towards bears (sellers). Any upward attempt must surpass 2580$ to change the short-term trend.
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CoinMarketCap
