Ethereum (ETH) is currently trading around $2,800 following recent volatility. Trading volume has surged by over 33%. Although market sentiment remains cautious with the crypto market experiencing uncertainty, ETH is showing signs of struggle despite some gains in the last 24 hours. The asset is hovering near the $2,800 level after a sharp drop below $3,000. The price range has been between highs and lows at $2,883.24 and $2,763.38 respectively. If selling pressure persists, ETH could fall to the $2,500 mark or even lower. Although a modest 1.94% gain was recorded in the last 24 hours, the market continues to experience high volatility, with daily trading volume reaching over $22.74 billion and a 24-hour liquidation of $49.43 million worth of Ethereum. Ethereum’s future direction remains unclear.