Ethereum Holds Steady Amidst Market Uncertainty: Institutional Support & Technical Consolidation

Despite market whispers of a potential ETH price drop to $2,000, Ethereum has remained relatively stable around the $2,627 level. Key factors contributing to this stability include positive ETF inflows from institutional investors and a lack of major bearish signals from primary stakeholders like Vitalik Buterin or the Ethereum Foundation. 📈 However, market analysts are cautiously observing that ETH is consolidating beneath significant resistance levels. This could indicate cautious sentiment among traders as technical indicators signal cooling momentum. 📉 📊