Why Ethereum Is Down Today: Analyzing the $2,750 Rejection and Potential Rebound

The post Why Ethereum Is Down Today: Analyzing the $2,750 Rejection and Potential Rebound appeared first on Coinpedia Fintech News

Ethereum is struggling once again as bearish forces take control. With Bitcoin tumbling below $96,000, ETH failed to sustain its recovery, reversing from the $2,750 resistance. A weakening technical setup and increased selling pressure are now fueling concerns of a potential dip to $2,400. The possible reason could be low trading volume and rising gas …