Ethereum Struggles to Stabilize Amid Market Volatility – Key Levels to Watch

Ethereum (ETH) continues to face turbulence, struggling to maintain stability after sharp price swings. Currently trading around $2,287, ETH has shown a modest recovery from the $2,100 support level. However, bearish pressure persists, with both the 50-day and 100-day moving averages trending downward, signaling weakening bullish momentum.

ETH's failure to hold above $2,500 suggests that the market remains uncertain. A key resistance zone lies between $2,600 and $2,700—breaking past this level could fuel a push toward $2,900. However, without a surge in trading volume, any breakout attempt may be short-lived.

Compared to Bitcoin, Ethereum has exhibited higher sensitivity to market volatility. If ETH fails to reclaim higher levels, it could face another drop toward $2,100 or even below $2,000, potentially triggering panic selling.

Investors are closely watching Ethereum’s next move, as market sentiment remains mixed. A strong push above resistance levels could restore confidence, while further declines may deepen bearish trends. #Ethereum #Crypto #ETH