Could Ethereum Break Through the 27K Barrier

However, Ethereum’s trajectory remains closely tied to
Bitcoin
(BTC), currently trading at $64,142 after a 0.64% decrease. This correlation suggests that movements in BTC are likely to impact ETH and other cryptocurrencies. The current market sentiment reflects this uncertainty, with 24% of the community feeling bullish while a significant 76% lean bearish. The resistance level is set at $2,677, with nearby support at $2,527. The longest-standing support level is located at $2,279.