<ul data-eligibleForWebStory="true"><li>Ethereum (ETH) falls below key $2,400 support, indicating a short-term bearish trend with potential support at $2,100 if buyers don't push the price back up.</li><li>35 million ETH worth about $140 billion staked, reaching a record high, showcasing investor trust in Ethereum's long-term potential amidst anticipation for an Ethereum ETF approval by June 1, 2025.</li><li>Ethereum's 2025 price forecasts remain cautious, with technical analysis showing mixed sentiments, predicting a price range of $2,315.55 to $2,634.41 by 2025, contingent on ETF approval and macroeconomic variables.</li><li>Grayscale's Bitcoin ETF approved, but uncertainty surrounds Ethereum's ETF. Analysts believe an Ethereum ETF could significantly impact Ether's popularity and demand among institutional investors.</li></ul>

Ethereum Nears Key ETF Decision, How 35M ETH Staked Could Impact the Market

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