🔷Ethereum is trading around $2,518, showing weak intraday momentum. Repeated attempts to break above $2,600 have faced strong resistance, while the current price corridor of $2,510–$2,540 suggests consolidation without a clear direction. Pressure is mounting due to tightening volatility and a bearish divergence on the RSI, with the price remaining below the Ichimoku cloud.
🔷If bulls fail to break through the $2,540–$2,570 resistance zone, ETH risks declining to $2,480 and $2,438. A recovery above $2,570 would open the path toward $2,660, but for now, momentum remains weak. A breakout is becoming increasingly likely.