1d ago
Ethereum Price Stalls Below $2,100 As Weak Bounce Meets Higher‑Timeframe Resistance
Ethereum is trading in a fragile technical zone after a recent pullback, with its latest rebound still looking corrective and lacking strong momentum. Analysts note that without a clear five‑wave impulsive move higher or a decisive break above the recent weekend high and the $2,100 resistance, downside risk and the prospect of a deeper move toward higher‑timeframe support remain elevated. Until key levels are reclaimed and structure improves, some market participants indicate they are prioritizing risk management and hedging over calling a confirmed bottom.