{"content":"🔄 Ethereum Holds the Line — Are Bulls Ready to Strike Back? From $2,620 resistance, Ethereum price fell again. ETH is below $2,580 and may fall. Ethereum corrected below $2,600. The price is below $2,600 and the 100-hour SMA. The hourly ETH/USD chart broke above a negative trend line with resistance at $2,500. If it breaks $2,470, the pair may continue to lose. Ethereum Drops Again Like Bitcoin, Ethereum fell from $2,650. ETH price fell below $2,600 and failed to rebound. The price fell below $2,550. After a low of $2,470, the price is consolidating losses. The price rose to $2,500. Additionally, ETH/USD broke above a negative trend line with resistance at $2,500 on the hourly chart. The price challenged the 23.6% Fib retracement of the $2,787 swing high to $2,470 low decline. Ethereum has fallen below $2,600 and the 100-hour SMA. Price may find resistance at $2,550 on the upside. Around $2,600 is the next major resistance. Near $2,620 is the first substantial resistance. The downward move from the $2,787 swing high to the $2,470 low is at the 50% Fib retracement level. A clean break over $2,620 might push the price above $2,720. Above $2,720 barrier might lead to greater advances in the following sessions. Ether may soar to $2,780 or $2,880 soon. More ETH losses? Ethereum may fall again if it fails to break $2,600. Initial negative support is approximately $2,500. Near $2,470 is the first big support. A decisive break below $2,470 might bring the price below $2,420. If losses continue, the price may reach $2,350 support. Next important support is $2,320. Tech Indicators The negative MACD for ETH/USD is growing. Hourly RSI: ETH/USD is below 50. Major Support—$2,470 Major Resistance: $2,600 #ETH #CEXvsDEX101 #SaylorBTCPurchase #MarketPullback #TrumpMediaBitcoinTreasury $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/02/d1345534b4f348f6b0774340ec443ad3.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}