Ethereum broke down heavily to $2,371 before mounting a V-shaped recovery. After reclaiming the $2,420–$2,430 area, price entered a broad chop zone. Multiple local higher lows signal strength building, though upside is capped near $2,460. Breakout traders should watch for a clean move above $2,465 for momentum continuation. Breakdown below $2,435 invalidates.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.