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Ethereum Nears Key Market Levels, Traders Focus on $2,660

Ethereum Nears Key Market Levels, Traders Focus on $2,660

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by Giorgi Kostiuk

2 days ago


Ethereum's price is nearing a crucial point, with analysts predicting potential breakout scenarios fueled by liquidity accumulation and strategic gathering.

Accumulation Signals Precede Price Action

According to crypto expert Joao Wedson, market makers are actively accumulating Ethereum and several altcoins as part of a broader strategy involving distribution and buildup. This ongoing activity often precedes heightened volatility and major price action.

Key Levels Define Ethereum’s Near-Term Fate

Wedson identifies two critical levels: $2,556 as downside support and $2,660 as a potential bullish trigger. A break below $2,556 could amplify bearish pressure, while crossing above $2,660 may set the stage for a rapid move higher—potentially toward the $2,830 level, which could serve as a short-term resistance zone.

Technical Indicators Signal Impending Move

Ethereum has surged over 45% in the last 30 days, recovering part of the losses it faced earlier in 2025. Despite a year-to-date decline of over 30%, the asset’s short-term momentum remains bullish. Chart patterns, liquidity maps, and sentiment indicators align with Wedson’s forecast that a sharp move is imminent. Traders should monitor how Ethereum behaves within the $2,556–$2,830 range, as decisive price action in this corridor could define the next major trend.

The future of Ethereum hinges on its behavior within key ranges, as liquidity and momentum interplay will be critical in the coming days.

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