Ethereum is grinding around $2,330 right now, flirting with that $2,400 level but looking more exhausted than explosive. The momentum that pushed it higher over the past week is clearly fading — we're seeing tight ranges, dwindling volume, and whales sitting on their hands instead of adding fuel to this fire. Here's the problem: ETH needs a sharp push higher in less than a day, and there's no catalyst on the horizon to make that happen. The resistance at $2,400 is heavy, likely stacked with sell orders from traders who've been waiting for this level. The market is pricing in serious skepticism for good reason — when smart money isn't buying the breakout story, that's your signal. Sure, one model sees a path where support holds and ETH sneaks through on late momentum. But that's wishful thinking when the order books are telling a different story. The rally looks tapped out right here, and asking for another three percent burst without a spark is a big ask. Fade this breakout and pocket the premium on the NO side — this isn't the setup where Ethereum punches through resistance.
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Will the price of Ethereum be above $2,400 on April 21?
Market: Will the price of Ethereum be above $2,400 on April 21?
Will the price of Ethereum be above $2,400 on April 21?
Market: Will the price of Ethereum be above $2,400 on April 21?