Ethereum Faces Critical Support Test at $2,400

Ethereum is currently grappling with market volatility as it tries to hold onto the critical support level of $2,400. Traders are closely monitoring this level and analysts predict potential price swings. The influence of demand for Exchange Traded Funds (ETFs) is also driving trading patterns, adding another layer of uncertainty. DeFi tokens that rely on Ethereum’s stability could be particularly vulnerable if the support level breaks. 🤫 🧐 📈 📉