Ethereum’s Resistance at $2,750 Holds Market Attention

Ethereum (ETH) is currently hovering around the $2,500 mark. While a bullish breakout to levels above $2,750 remains the target for many analysts, the cryptocurrency market seems hesitant as it grapples with this critical resistance level. If Ethereum fails to cross past this key threshold, the price could retrace towards $2,150. This would be a significant move and could trigger renewed buying interest at this lower support.