Alternative at risk? Expert believes that Ethereum must have $ 2,600 to maintain the impulse

ethereum is operating at crucial demand levels, facing intense sales pressure and struggling to claim the $ 2,800 brand. The recent price action has generated concerns among investors, who are trying to keep calm amid the growing volatility, but they fear ethereum may fall more.

Related reading

The broader feeling of the cryptocurrency market remains divided, with ethereum significantly under a performance less than bitcoin and cannot generate a strong bullish impulse. Some analysts believe that eth is at a level of makeup or broken, while others argue that a deeper correction is still possible.

The best cryptographic analyst Ali Martínez shared a technical analysis in x, which suggests that Altseason could be canceled if ethereum does not have the level of $ 2,600. Martínez emphasizes that this price acts as a crucial support for eth and the entire Altcoin market. A breakdown below this level could lead to greater decreases, pushing eth to lower demand areas and triggering a broader mass sale through Altcoins.

With ethereum struggling to recover strength, the next few days will be critical to determine their direction in the short term. Bulls must intervene and claim key levels to avoid below, while bears remain in control while eth remain below $ 2,800.

ethereum Price Test Crucial demand

ethereum is trying to overcome the $ 2,700 brand and keep on it to confirm the start of a recovery phase. However, the key levels of resistance to recover remain between $ 2,800 and $ 3,000, which have acted as large supply areas in the past. The bulls are struggling to gain impulse, and ethereum's inability to break these levels has led to growing concerns about higher downward risks.

Related reading

Market analysts believe that the next ethereum movement will be crucial, since the market expects confirmation in any direction soon. Some analysts argue that ethereum's weakness in relation to bitcoin is a sign that Altcoins is losing steam, while others believe that eth could still have the opportunity to meet if the key levels are recovered.

<a target="_blank" href="https://x.com/ali_charts/status/1891767862207053948″ target=”_blank” rel=”nofollow”>Martínez's analysis He states that the ALT season will be canceled if ethereum does not have the level of $ 2,600. This price serves as a long -term demand zone, and losing it would invalidate any upward impulse throughout the Altcoins market. Martínez explained that ethereum has historically led Altcoin's demonstrations, and its failure in maintaining key support levels could trigger a sales of a broader sale in Altcoins.

Bulls must defend the level of $ 2,600 at all costs to confirm a sustainable rally, since a break underneath could trigger a broader market correction. If eth manages to keep above the current levels and claim $ 2,800– $ 3,000, it could indicate the beginning of an upward recovery. The next few days will be crucial for ethereum's short -term management.

Details of the price action: key levels to see

ethereum is quoted at $ 2,680 after multiple attempts to claim the level of $ 2,700. Bulls are trying to exceed the price, but the sale pressure remains strong, which makes it difficult to win impulse. The next level of critical resistance is $ 2,800, and a break above this level would indicate a possible bullish investment. If eth claims $ 2,800 and is consolidated above it, it could follow an increase towards $ 3,000, which brings a renewed optimism to the market.

However, the lack of maintenance of the level of $ 2,600 would be a bearish signal, which suggests that there is more downward risk. Losing this key demand level could trigger additional sales pressure, which leads to a possible drop in lower support areas around $ 2,400– $ 2,500. Investors are closely monitoring these levels, since ethereum's price action will determine whether a recovery rally can begin or if a deeper correction is at stake.

Related reading

For now, eth is still linked, and a break in any direction could define the trend for the coming weeks. Bulls must intervene aggressively to recover control and avoid a prolonged bearish phase. The next negotiation sessions will be crucial to determine the short -term price action of ethereum.

Outstanding image of Dall-E, TrainingView graphics