Ethereum Price Stalls Near $2,600 as Traders Await Breakout Confirmation

Ethereum has hit a plateau near the $2,600 level, with low trading volume on weekends hindering confirmation of a potential breakout. Analysts attribute this stagnation to a lack of sustained buying momentum and uncertainty in the market’s direction. While price action remains largely constrained within an ascending channel pattern, traders remain hopeful for a positive shift as the next trading week unfolds.