Ethereum Faces Critical Demand Levels Amid Selling Pressure
- Ethereum is struggling to reclaim the $2,800 mark, trading at $2,680.
- The $2,600 level is a crucial support point; losing it could trigger further declines.
- Resistance levels are between $2,800 and $3,000, acting as major supply zones.
- Bulls need to reclaim key levels to avoid a broader market correction.
- Analyst Ali Martinez warns that failure to hold $2,600 could cancel altseason.
Ethereum’s current price action at $2,680 highlights its struggle against strong selling pressure. Maintaining the critical support level of $2,600 is essential to prevent further market declines.
Source (2.6)https://www.newsbtc.com/news/ethereum/altseason-at-risk-expert-believes-ethereum-must-hold-2600-to-sustain-momentum/?rand=52377
