Ethereum is facing resistance at the $2,630 level, with potential for a breakout if momentum strengthens. However, if sell-side pressure persists, the price could test support around $2,600 and lower at $2,580.

$ETH is consolidating around key moving averages with relatively balanced price action. Traders should keep an eye on volume and market sentiment to gauge whether ETH will break higher or continue to face resistance near the $2,630 mark.