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Ethereum dips below $2,300 before rebounding to $2,350
Ethereum briefly fell below $2,300 and then recovered to around $2,350. Analysts said the price could rise further if it retakes the $2,400 level. Selling pressure from wallets linked to the Ethereum Foundation and other investors has continued, with large amounts being offloaded recently. Despite the selling, some analysts remain optimistic, suggesting the market may be at a turning point for a bullish breakout. The report highlights both the recent dip and the ongoing sell‑off pressure.