Ethereum Consolidates as Bitcoin Leads Crypto Market Surge
- Ethereum has increased by over 55% since early May.
- ETH is trading in the $2,400–$2,600 range, showing indecision among buyers.
- Key resistance levels for Ethereum are at $2,700 and $2,850.
- A breakout above $2,700 could lead to a rapid rise to $3,000.
- If ETH falls below $2,100, it may trigger a broader pullback.
Ethereum’s price action remains range-bound between $2,400 and $2,600. Despite recent strength and a push toward the upper boundary of this zone at around $2,668, ETH must break above key resistance levels like $2,700 to confirm a bullish continuation.
Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-consolidates-above-2500-while-btc-leads-the-charge-key-levels-to-watch/?rand=52377
