Ether Struggles to Break $2,800 Resistance Amid Cooling Institutional Interest

Ether (ETH) is currently trading near $2,670, facing significant resistance at the $2,800 level. Despite a steady uptrend since June, momentum has stalled over the past week. While U.S. spot ETH ETFs and corporate treasury purchases remain active, their intensity has decreased. Technical indicators suggest that maintaining support between $2,580 and $2,612 is critical for the current market structure.