$WBETH #ETH/USDT The Ethereum (ETH) chart displays a slightly clearer pattern compared to Bitcoin (BTC). Presently, it resides in the lower portion of the 2710-2465 range, with 2580 acting as a formidable resistance level.
Despite the prevailing influence of sellers, their capital column is gradually diminishing, and the candle chart has crossed below the yellow line. If the closing price can sustain itself above the yellow line on this occasion, the likelihood of reaching 2580 will also increase.
Strategic positions, both long and short, can be considered in the vicinity of 2580. The determination of whether this level serves as a breakthrough or support depends on subsequent market developments. As for the current market price, it may not be an optimal entry point, so exercising patience and adopting a wait-and-see approach is advisable.
