$ETH /USD DROPS 4.5% BUT HOLDS ABOVE $2,500 — IS A RELIEF RALLY BREWING?
Ethereum plunged sharply to test the $2,500 psychological zone, recording a -4.5% daily loss, yet buyers stepped in to defend the level — forming a potential local bottom.
Market Snapshot:
Intraday low near $2,470
🔁 Small bounce seen from $2.5K area
📉 Still down $119 today, but flattening out in lower timeframes
Resistance looms near $2,580–2,600
A sustained hold above $2,500 could open a path toward short-term recovery. If bulls fail to reclaim $2,600, further downside toward $2,450 may follow.
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