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Ethereum failed to reclaim $2,400 on the two-day chart, and that rejection kept the structure weak. The chart shows ETH moving into a clear resistance zone near $2,400, then pulling back instead of holding above it. Because of that, buyers have not confirmed strength yet, while sellers still keep pressure on price.
The next important level sits near $2,250. This area stands out as the closest support if Ethereum continues lower. If ETH holds that zone, it could attempt another move toward $2,400.
Beyond $2,400, the next upside levels on the chart appear near $2,624 and $2,780. However, if ETH loses $2,250, the chart suggests a deeper drop could follow, with the lower green support zone near $1,800 becoming the next major area to watch.
Ethereum still looks weaker than Bitcoin. The chart does not show a confirmed trend reversal. Instead, it shows a bounce inside a broader weak structure after the sharp breakdown earlier this year.
Even a small Bitcoin correction could weigh more heavily on ETH given the current setup. For now, the short-term outlook hinges on two conditions: Ethereum must defend $2,250 and reclaim $2,400. Until then, the chart remains fragile.
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