Ethereum is facing challenges at the $2,500 level despite recent bullish moves. After Bitcoin reclaimed $59,000, Ethereum's price rallied above $2,500. However, bears are closely monitoring the token, creating a tug-of-war with the bulls who aim to maintain the bullish outlook.
Additionally, Ethereum is striving to strengthen against Bitcoin. This relative strength could be a key factor in pushing Ethereum's price above $2,800 and potentially toward $3,000.
