Ethereum's Short-Term Recovery Under Threat: Key Technical Levels Revealed

Ethereum's price has retested the $2,130 level, but strong selling pressure has hindered its short-term recovery. According to MacroVision, the $2,130 range is a critical threshold, and if Ethereum holds above it, a new upward attempt could emerge, with $2,400 as the next significant resistance. However, if it falls below $2,130, the current recovery could weaken and the market outlook could deteriorate.