Ethereum Plunges Below $2,600: What's Next for the Cryptocurrency?

Ethereum's price has dipped below $2,600, reaching around $2,576 according to the latest market data.

This move comes after a strong weekly run and indicates that sellers are still willing to step in at higher resistance levels.

The broader market pullback, weaker Ethereum ETF flows, and technical rejection around resistance have all been cited as factors behind this decline.

As Ethereum tries to defend the lower levels, traders will be paying attention to key technical levels such as $2,542 and $2,672. If buyers return quickly, the breakdown could turn into a short-term shakeout, but if selling pressure continues, traders will likely focus on the next support zones.