Ethereum’s Key Breakout Level: Top Analyst Highlights $2,600 as Crucial Level 

• Analyst Michaël van de Poppe says that to remain bullish, Ethereum needs to overcome the resistance at $2,600.
• The market might be shaken by short-term declines and weekend volatility, but institutional ETF inflows are a sign of great long-term faith in Ethereum.
• The inflows of Ethereum ETF have risen 56% higher than that of Bitcoin over the past 30 days, indicating the increasing popularity of ETH among investors.Ethereum is at a critical stage of its price movement, and experts are closely monitoring the $2,600 area as a significant resistance area. As famous crypto analyst Michaël van de Poppe notes, this price trend is important for ETH to break through if it needs to sustain any bullish momentum.

  He said in a tweet that should Ethereum be unable to move above this zone then it could probe lower price levels initially before retracing higher, particularly over the weekend when the crypto market is generally seen as highly volatile and difficult to directionally trade. This is confirmed by his chart as ETH is seen to be struggling against the $2,600 resistance level after plunging lately.