I have observed the current state of Ethereum—the price is at the $2.33K level, down by about 3% over the past 24 hours. When it comes to Ethereum price prediction, the $2,450 region is a critical resistance point. If it can break above this level, it could move toward $2,893, and then to $3,248. However, momentum is still weak for now.

On the downside, $2,200 acts as support, and below that is $2,100. Looking at open position data, after the previous bout of excessive leverage, a cooling-off phase is visible—which is actually a healthy sign. Spot flows also show a slight entry trend, meaning I believe early accumulation has started.

In brief for the ETH price prediction: Ethereum is currently squeezed into a narrow range. Either it will break above $2,450 and move higher, or it will fall below $2,100 and experience a deeper pullback. Market flows look optimistic, but we’re waiting for confirmation. The next major move will most likely come from a breakout out of this tight range.