🔷Ethereum is showing signs of consolidation within a narrowing wedge, hovering around $2,500 after a failed attempt to break above $2,560. Technical indicators, including RSI and MACD, point to weakening bullish momentum. The price remains below key moving averages and the Ichimoku Cloud, reflecting market uncertainty.
🔷The crucial factor now is defending the $2,434–$2,415 support zone. If Ethereum holds this level and gains volume support, a rally toward $2,648 and $2,745 is possible. Otherwise, a drop toward $2,387 remains a significant risk. The market stands still, awaiting a decisive move.