Ethereum (ETH) is at a key point where the interest of large investors collides with a price barrier.
* The Good (The Momentum): New exchange-traded funds (ETFs) are bringing a lot of institutional money into Ethereum, generating confidence and buying pressure.
* The Challenge (The Brake): There is a very strong "wall" of selling at the $2,700 level. The price is having a hard time surpassing that figure.
* The Support (The Safety Net): If the price falls, there is important support near $2,400 that should halt the decline.
In short: It is a battle between the new money wanting to buy vs. a technical barrier preventing it from rising. The outcome of this struggle will determine whether the price of Ethereum rises strongly or falls again in the short term.
Let us know your opinion in the comments!
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always conduct your own research.