Ethereum Stalls Below $2.6K: Will Market Momentum Fuel a Bullish Reversal or Trigger a Correction?

Ethereum is trading around the $2,500 mark as market volatility continues to impact its price. Recent data reveals a significant $50.34 million in Ethereum assets have been liquidated, with the crypto asset experiencing fluctuating price movements between green and red charts. The largest cryptocurrency Bitcoin remains stable at approximately $109,600. 1.91% growth for ETH is noted, although the altcoin needs to surpass $2,700 to establish a clear bullish trend.