<ul><li>Ethereum faced resistance near $2,600, leading to a short-term pullback before a potential breakout.</li><li>The market signals indicate overheating as Ethereum nears the $2.5K resistance, with a surge in trading volume attributed to profit-taking.</li><li>Short-term correction is anticipated to allow the market to cool before potential upside resumes in the mid-term.</li><li>Long-term holders continue to accumulate Ethereum as its presence on exchanges hits a historic low, showing growing interest from institutional investors and large holders.</li></ul>

Profit-Taking Pushes Ethereum (ETH) Into Overheated State Near Key Resistance

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