<ul><li>Ethereum is hovering around the $2,550 support level, a crucial zone that could determine its short-term trajectory amidst a market retracement.</li><li>Despite risks of bearish pressure if support is lost, Ethereum remains relatively strong compared to other assets, with signs that bulls maintain control.</li><li>Top analyst Ali Martinez suggests hope for bulls, pointing to a potential rebound towards $2,650 if Ethereum holds above $2,550 based on the TD Sequential indicator.</li><li>Ethereum faces pressure as it drops below $2,550 support, now trading at around $2,493, with key support levels at $2,450 and $2,300 awaiting potential retests.</li></ul>

Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally

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