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Ethereum is trading at $2,500, down 2.5% over 24 hours. That drop puts ETH damaged from a sharp retreat below resistance. The key question for this Ethereum price analysis is whether buyers can defend the next support band or whether the market is headed lower.

Aerodynamic Finance ($AERO) is back on traders’ watchlists after staging a sharp recovery over the last 24 hours. The rally came shortly after the token faced heavy rejection around the $0.72–$0.82 imbalance zone after a day of bearish correction.

Ethereum had a strong start to the week and a quieter end. $ETH ran from around $2,575 on September 20 to a weekly high near $2,800 on September 22, then gave back half of that gain and settled into a range between $2,650 and $2,700. It is currently trading at about $2,687.

2026 has been brutal for altcoins. $Bitcoin has clawed its way back from a 21 month low near $58,000 in late June to roughly $80,000, but most of the market never got the memo. Bitcoin dominance is sitting around 60%, and CoinMarketCap’s Altcoin Season Index closed at 34 points in early September, well below the…