Ethereum experienced renewed sell-off pressure after retreating from recent highs, but analysts maintain a positive outlook as long as ETH remains above the crucial breakout region. At the time of reporting, Ethereum trades at $2,478.34, recording a 24-hour trading volume of $15.22 billion and a market capitalization of $301.50 billion. The price has slipped by 2.23% over the past 24 hours, mirroring market-wide short-term volatility.