<ul><li>Ethereum price dropped from around $2,550 to liquidate near $2,440, followed by a retracement to potentially build new liquidity above.</li><li>A possible breakout setup is forming if the trendline fails with momentum in the scenario where Ethereum respects the trendline temporarily, gathers liquidity above recent highs, and then breaks through with strength.</li><li>On the other hand, a bearish scenario involves a fakeout above the trendline, trapping long positions, and a potential dive back to retest the $2,440–$2,460 demand zone.</li><li>While the market remains uncertain and unpredictable, traders need to be prepared for various scenarios in trading Ethereum and avoid becoming too attached to a specific bias.</li></ul>

Ethereum Price Prediction: What Should You Do Now?

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