$ETH

Ethereum is currently facing downward pressure, trading at $2,348.91 with a 1.38% decline. The 4-hour chart reveals a struggle to maintain momentum after failing to break past the $2,423 local high. While price action remains nestled near the MA28 support at $2,333, a sustained push above the MA7 at $2,379 is necessary to reclaim a bullish outlook and target the $2,465 resistance level.