Ethereum market analysis for today, May 17, 2025

Direction: Fluctuating downwards

Upper resistance level: 2569, strong resistance level above: 2650

Lower support level: 2432

Current trend: Fluctuating downwards, testing the lower level of 2500. If it breaks below 2500, watch for 2480. If it does not break below 2500 for a long time, it will maintain a fluctuation range between 2500 and 2536.