ETH dey struggle for $2,400 and $2,679; key support $2,250 dey eye
Ethereum (ETH) dey trade for mixed but still fragile structure, traders dey watch two major resistance zones for $2,400 and $2,679. For the 2-day chart, ETH no fit reclaim $2,400 and e slip back, keeping the near-term setup weak. The next key support na $2,250; if ETH defend am, e fit rebound toward $2,400.
Upside targets wey dem mention include $2,624 and $2,780, but if e break down under $2,250, the risk of deeper drop go increase, with $1,800 tok as lower area to watch. The latest view also note say ETH weaker than Bitcoin (BTC) and no get confirmed trend reversal, so rallies fit just be bounces inside bigger weak pattern.
For the 4-day chart, ETH dey near a descending trendline and the $2,679 Elliott Wave “wave C” 100% extension target. That level dey inside a resistance band (start around $2,605), where sellers fit show up again. Traders go likely treat $2,679 as a “reclaim-and-hold” test; if e fail, e go lean toward resistance rejection rather than clean breakout. Higher levels mentioned after successful break include $2,893 and $3,031, but the immediate trigger still matter whether ETH fit hold above nearby resistance.
Bearish
Diaries dem dey point to short-term bearish bias for ETH. ETH no fit reclaim di $2,400 resistance for di 2-day chart, and di structure dey described as weak rather than show confirmed reversal. Di latest update add say $2,679—wey Elliott Wave frame as key 100% extension target—dey inside one broader resistance band (around $2,605+), wey increase di odds of rejection and a “test resistance” outcome instead of clean breakout. While $2,250 na di near-term line for sand, break below am go invalidate di recovery structure and raise di risk of deeper move toward $1,800. With ETH also noted to be weaker than BTC, upside attempts fit remain capped unless broader market momentum improve.