Ethereum Price Analysis: Failure at $2.4K Spells More Trouble Ahead for ETH

Ethereum continues to trade within a broader consolidation structure as the market struggles to establish sustained bullish momentum. Nevertheless, weakening momentum indicators and growing signs of seller activity suggest that the market could be preparing for another corrective move in the short term. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH is showing a notable bearish divergence betwee…