Ethereum is currently anchored by solid support at the 2000 USD level. Reports of an imminent breakdown are nothing but market speculation. Expect momentum to build heading into Monday's session. In the near term, a rapid rally is possible before tomorrow's 22:30 market open, though a subsequent pullback should follow. The key question isn't whether a pullback occurs, but rather how deep it will be. Most likely, the correction won't revisit the 2000 USD floor but will instead consolidate somewhere in the middle range. As of now, ETH is trading near $2,010, maintaining its position above the crucial 2000 USD support level.
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Ethereum is currently anchored by solid support at the 2000 USD level. Reports of an imminent breakdown are nothing but market speculation. Expect momentum to build heading into Monday's session. In the near term, a rapid rally is possible before tomorrow's 22:30 market open, though a subsequent pullback should follow. The key question isn't whether a pullback occurs, but rather how deep it will be. Most likely, the correction won't revisit the 2000 USD floor but will instead consolidate somewhere in the middle range. As of now, ETH is trading near $2,010, maintaining its position above the crucial 2000 USD support level.