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Ethereum's recent upward momentum has stalled as sellers emerged near $2,450, with bears potentially eyeing a pullback to the $2,100 support level on the daily chart. Technical analysis highlights a bullish trend line forming from this key support, while Bitcoin's resistance near $78,500 and $79,200 adds uncertainty. XRP also faces challenges below $1.4650, suggesting broader altcoin weakness. For traders, Ethereum's consolidation near $2,300-2,400 could test the strength of buyers before a potential breakout. A breakdown below $2,100 might trigger renewed selling pressure, while a sustained move above $2,500 could reignite bullish momentum. Market participants should monitor Bitcoin's performance, as its direction often influences Ethereum and other cryptocurrencies.
