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Ethereum Eyes $2,650 If $2,550 Support Holds, Says Analyst

  • Ethereum is currently trading around $2,550, with the potential to rise to $2,650 as per analyst's technical indicator.
  • Traders are cautious as a break below $2,500 could lead to a drop to $2,300 or even $2,000.
  • Approximately 385,000 ETH was moved to Binance, signaling a warning of potential large-holder sell-offs.
  • The crypto market is observing cautious trading behavior as signals point to a possible short correction or longer pause in the uptrend.

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