$ETH /USDT – Bearish Momentum Persists as Price Dips Below Key Support
ETH is trading at $2,549.70 (-4.51%), showing continued bearish pressure after breaking below the $2,562 support zone. The 24h range spans $2,689.21 (high) to $2,498.30 (low), with significant volume: 779,298.52 ETH and $2.01B USDT, indicating heavy activity during the decline. Market depth shows next resistance around $2,624–$2,686, while support clusters near $2,500–$2,452. Momentum remains weak across timeframes (15m, 1h, 4h), suggesting traders stay cautious until a reversal signal confirms. A deeper dip below $2,500 could invite fresh sell pressure, while reclaiming $2,624 may offer early recovery signs.