Ethereum is trading around $2,683, down 0.36% over 24 hours, with approximately $17.2 billion in trading volume. The token remains below the $2,710-$2,720 resistance zone, where analysts see a breakout potentially opening a path toward $2,900, while $2,650 remains an important support level. Exchange balances have increased by approximately 125,000 ETH since last Friday, suggesting some investors may be preparing to sell. Santiment recorded $222 million in realized gains last Friday, although profit-taking moderated as activity cooled. The Coinbase Premium Index fell to -0.0483, its lowest level in nearly 14 days. US spot Ethereum ETF inflows also dropped from $269.9 million last week to $17.1 million by Monday. Investors appear to be reducing exposure ahead of inflation data due Wednesday and employment figures due Friday. Broader market pressure has increased after President Trump rejected a proposed ceasefire arrangement with Iran, while the US 10-Year Treasury yield has risen about 70 basis points this month. The Kobeissi Letter said bond markets were pricing in four additional 25-basis-point rate increases through June 2027. Ethereum liquidations totaled $61.6 million over 24 hours, including $33.7 million from short positions. Daily indicators remained positive without reaching overbought territory, with the 14-day RSI at 62 and Stochastic at 71. BitMine added 17,362 ETH during the past week, bringing its total holdings to approximately 6 million ETH.