<ul><li>Ethereum's price experienced a 4.56% drop below $2,500 after a recent surge above $2,700, signaling a broader cooling in the crypto market.</li><li>Analyst Crypto Patel predicts support levels near $1,810–$2,100, suggesting a potential future rally towards $4,000–$5,000 for Ethereum.</li><li>Institutional interest remains strong despite the price dip, with notable purchases of over $650 million worth of ETH by Abraxas Capital and an increase in ETH holdings by whales.</li><li>Bullish indicators, such as a MACD crossover on the weekly chart, are seen by analysts like Crypto Rover and Michaël van de Poppe, hinting at possible upward movements for Ethereum in the future.</li></ul>

Ethereum (ETH) Retreats After $2,700 Surge, Analysts Still See Bullish Signs

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