#ETH ETHEREUM (ETH) MARKET ANALYSIS | CURRENT PRICE $2,476 | BULLS STILL HAVE THE ADVANTAGE
Ethereum is trading around $2,476, sitting directly near an important decision area. ETH has already delivered a powerful August rally, but after reaching the $2,500–$2,550 resistance region, momentum has started cooling. Recent market analysis also identifies $2,500–$2,550 as the major immediate resistance zone, while RSI has been cooling from previously elevated levels.
THE BIG PICTURE
The Ethereum structure remains constructive as long as buyers defend the $2,400 area. The key question now is whethe