Ethereum holds above $2,500, but analysts warn of correction toward $2,200
Ethereum has recovered above the $2,500 mark, with recent trading seeing the price range between $2,522 and $2,530. Over the past 24 hours, trading volume reached nearly $24 billion, signaling that ETH remains one of the most actively traded cryptocurrencies in the market. The short-term recovery in Ethereum price has provided optimistic signals for some traders, yet the asset faces a significant hurdle around the $2,550 to $2,600 resistance zone. Without a decisive breakout and acceptance above this level, analysts suggest the momentum could reverse, potentially sending ETH back toward previous lows.