Price Prediction
Ethereum trades near $2.45K, $2.4K support under pressure
Ethereum is trading around $2.45K after briefly slipping below the $2.4K support level. A significant demand zone is identified as needing defense for a broader recovery. The Coinbase Premium Index shows weakening US‑based demand and negative sentiment despite the recent bounce. Analysts note that holding above $2.4K could push the price toward $2.6K, while a close below $2.3K would indicate a breakdown and heightened selling pressure.