<ul><li>Ethereum dropped 4.3% in a day, falling from $2,500 to $2,400 following a strong monthly performance, leading to $264.40 million in liquidations with long positions accounting for $205.28 million.</li><li>ETH co-founder Vitalik Buterin introduced a proposal to simplify node operations to avoid overreliance on third-party access points that could impact decentralization and user privacy.</li><li>ETH is currently trading at $2,566, facing strong resistance at $2,850; a break above this level could lead to further rallies towards $3,000 and $3,350.</li><li>For more insights on your crypto journey, ZebPay offers valuable information on blogs to help users navigate the crypto market.</li></ul>

Ethereum Technical Analysis Report – 20th May 2025

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