JPMorgan's Ethereum push faces a crucial chart test
Ethereum is under heavy pressure after one of its worst short-term performances this month.
For now, Ethereum is at a crossroads. A daily close below $2,910 could open the door to $2,710 and $2,620. Conversely, reclaiming $3,240 would alleviate downward pressure and shift focus back to $3,440. The upcoming sessions will determine whether institutional optimism can overcome short-term technical weakness.
ETH
2,945.6
+3.25%