Ethereum (ETH) Price Analysis: Why Reclaiming $2.5K Is Do-or-Die for the Bulls

Your call?🐂 Bullish🐻 Bearish

$ETH

$2,340

-2.1%

Ethereum is pulling back below $2.4K after the recent rebound from the $2.2K mark ran into resistance at the level where its multi-month ascending channel broke down. The rejection leaves ETH caught between improving short-term momentum…