Price Prediction
Ethereum Price Analysis: Can ETH Finally Break the $2,400 Resistance?
Ethereum has rebounded to around $2.37K after finding support near $2.3K, but remains below its previous ascending channel. The price is facing resistance in the $2.39K–$2.42K range, and a failure to clear this could lead to a decline towards the $2.27K–$2.31K support zone. Liquidation heatmaps suggest potential short liquidations above $2.39K–$2.44K, but the overall trend remains bearish unless Ethereum reclaims the $2.47K–$2.52K supply zone.