Ethereum Stalls at $2,550, Volatility Risk on the Rise
Ethereum failed to break through its resistance level of $2,550 and saw an increase in volatility risk.
Leveraged positions in futures markets are on the rise, which could lead to a liquidation pressure that intensifies the situation.
The price is currently being watched by traders who are keeping an eye on two key resistance levels: $2,650-$2,700 and support levels of $2,250-$2,300.