Ether at risk of new 2026 lows if bulls fail to turn $2.4K into support | Crypto Craft

  • Ether at risk of new 2026 lows if bulls fail to turn $2.4K into support

    From cointelegraph.com

    Ether price may be at risk of a correction to new year-to-date lows, especially if the bulls fail to secure daily candle closes above the $2,150 to $2,400 range. Ether’s price action continues to be driven by US and global macroeconomic events, along with investors’ appetite for risk assets during the US and Israel-Iran war. As data shows more than $1 billion in futures-driven sell pressure, the chance of Ether falling below $1,800 rises. Repeat rejections near $2,150 continue to cap Ether rallies, and the level has acted as a strong resistance seven times over the past two months. The trend and its resistance ... (full story)

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