Ethereum tests $2,530-$2,600 support as analysts weigh a move toward $3,000

  • Ethereum tests $2,530-$2,600 after retreating from above $2,800.
  • CoinMarketCap listed ETH at $2,673.39, up 0.40% over 24 hours.
  • U.S. spot Ethereum ETFs recorded $104.5 million in inflows on September 23.

Ethereum trades near $2,673 after retreating from above $2,800, with traders focused on the former resistance zone between $2,530 and $2,600 as potential support. CoinMarketCap data put ETH at $2,673.39, up 0.40% over 24 hours, with trading volume near $23.17 billion and market capitalization at $328.12 billion. A September 24 Brave New Coin snapshot showed ETH near $2,675, down about 3.80% on the day. Analysts offer divergent scenarios: RektProof sees a possible rise toward $3,000 before a pullback toward $2,300, while IncomeSharks allows for a drop to $2,100-$2,200 before a recovery toward $3,400-$3,500. Celal Kucuker warned that unwinding leveraged long positions could produce a 20% decline. U.S. spot Ethereum ETFs recorded $104.5 million in net inflows on September 23, led by BlackRock's ETHA with $50.8 million and Fidelity's FETH with about $41.3 million.

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