Ethereum (ETH) has dropped to $2,498.99, showing a decline from recent highs above $2,650.Crypto analyst Altcoin Sherpa is bullish on Ethereum's mid-term outlook, targeting mid-$3,000s if key resistance is broken.Ethereum's market cap is $301.68 billion, with daily trading volume at $14.85 billion.Key levels to watch for Ethereum are Support at $2,430, Resistance at $2,700, Mid-Term Target at $3,000–$3,300, and Breakout Threshold at $2,750+.