Recently, the Ethereum (ETH) market has shown a fluctuating downward trend, failing to break through the previous highs, indicating significant pressure above. The current ETH price is at a relatively low level, and there has been a certain fall, suggesting that the market may be dominated by pessimistic sentiment.

From a technical analysis perspective, the convergence divergence indicators such as moving averages and ( MACD ) are showing a downward divergence trend, which may indicate that the downward momentum is still ongoing. Therefore, investors can continue to pay attention to the performance of high resistance levels.

Considering the current market environment, it is recommended that investors focus on the price range of $2510-$2540. If the ETH price breaks through this range, it could trigger further downward movement, with potential falling target areas between $2430 and $2330.

It is worth noting that the upcoming non-farm payroll data may impact the cryptocurrency market. Investors should closely monitor the release of this important economic indicator and assess its potential impact on ETH price trends.

In the current market environment, it is recommended that investors maintain a cautious attitude, closely monitor market changes, and manage risks appropriately. At the same time, it is also important to note that ETH, as the infrastructure for decentralized application platforms, still holds long-term value worth paying attention to.