Ethereum Price Prediction: Break Above $2.45K Could Trigger Strong Upside Move
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Ethereum faces resistance near $2,450; daily chart shows a fragile recovery while higher-timeframe resistance caps upside. Cooling open interest signals a leverage reset and steadier upside potential if price breaks the tight range; next breakout could define direction for weeks. Balanced spot flows and early accumulation support a cautious bullish thesis for crypto/DeFi exposure, but broader bearish structure (lower highs/lows) still poses risk.
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- Ethereum faces resistance near $2,450 as recovery momentum remains fragile
- Cooling open interest signals leverage reset, paving way for steadier upside potential
- Balanced spot flows hint early accumulation, supporting cautious bullish outlook ahead
Ethereum price action has entered a decisive phase as bulls attempt to reclaim control after months of pressure. The daily chart shows a market shifting from a prolonged downtrend into a fragile recovery.
However, momentum remains mixed across timeframes. Short-term strength has emerged, yet higher timeframe resistance continues to cap upside attempts. Consequently, traders now focus on a tight range where the next breakout could define Ethereum’s direction for weeks.
Market Structure Signals Cautious Recovery
Ethereum still trades within a broader bearish structure defined by lower highs and lower lows. However…
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