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ETH Price Analysis: Can Ethereum Bounce Back from $2,450 or Fall to $2,100?

  • Ethereum is currently trading at $2,527.51, facing short-term bearish pressure after breaking below key moving averages.
  • Technical patterns suggest a potential bounce if support near $2,400 holds, but a deeper retracement could follow if the support zone is decisively breached.
  • Regulatory clarity from the SEC regarding ETH protocol staking rules may attract significant institutional investment into Ethereum staking, potentially boosting Total Value Locked (TVL) and staking activity.
  • Market projections for Ethereum in 2025 vary widely, with estimates ranging from bullish projections of surpassing $4,891.70 to more conservative forecasts suggesting an average price of around $3,137.54.

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