Analyst: ETH's Near-Term Rebound Targets $2,570, Potentially $2,700-$3,000

Odaily News - Crypto analyst Ali stated on X platform that despite recent intensifying volatility, Ethereum's price is still moving within a consolidation range. On the 4-hour candlestick observation timeframe, ETH has approached lower support levels and begun retesting resistance near $2,570, with the market watching whether prices can rebound further.

Ali added that ETH's near-term rebound targets $2,570. If ETH can break through this level with volume and hold above it, it could signal further strengthening of the trend, potentially pushing toward $2,700 or even $3,000.