Ethereum’s recent uptrend is showing signs of fatigue as the price stalls around $2,580, a key resistance level. After a solid run-up, on-chain data suggests that long-term holders are taking profits, cooling short-term momentum. 🥶📊
📉 What’s Happening on the Ground?
🔹 Exchange inflows have spiked — indicating profit-taking
🔹 RSI cooling off from overbought territory
🔹 Whale wallets moved ~18K ETH to centralized exchanges in 24H 🐋📤
🔹 Sentiment has shifted from extreme greed to caution ⚖️
🧠 According to CryptoNews:
"While Ethereum remains structurally bullish, short-term consolidation is likely as smart money de-risks at resistance."
📊 Key Levels to Watch:
🔸 $2,520–$2,580 = Immediate resistance zone
🔸 $2,480 = Support from previous breakout
🔸 $2,350 = Stronger demand zone (ideal dip buy?) 🔍
👀 What’s Next?
📉 A pullback wouldn’t be bearish — just healthy rotation
💼 Accumulation zones remain intact for mid-long term investors
💥 ETH could reattempt $2,600+ if volume returns & macro sentiment stays risk-on
🧠 Market Sentiment:
🧭 Fear & Greed Index: 63 = Greed
🧪 Traders are now mixed: some de-risking, some rotating into Layer 2s like Arbitrum & Base
📰 ETH ETF buzz still simmering in the background — watch that narrative 📺
👇 Are you holding, booking profits, or eyeing the next dip?