$ETH /USDT – Range-Bound with Bearish Pressure Mounting
Ethereum is currently trading at $2,562.72, down 0.34% in the past 24 hours. Price action shows a tight consolidation between the 24h high of $2,599.00 and the low of $2,509.46, with bears testing the lower range. The 24h trading volume stands at 350,519.83 ETH (~$896.22M USDT), signaling steady activity but no major breakout confirmation. Order book depth shows increasing bids around $2,548–$2,520, suggesting short-term support, while sellers are stacked above $2,576. Momentum remains neutral-to-bearish across the 15m–1D timeframes, and failure to hold above $2,550 could invite a deeper pullback toward $2,500.
