Ethereum (ETH) is currently testing the EMA89 support level, with over $180 million in buy and sell orders at key price points. The MACD indicator shows weakening bearish momentum, though the trend has not fully reversed as the fast and slow lines remain below the zero line. Open interest is rising, suggesting increased market activity. If the EMA89 support level is breached, a buy wall of $111 million is expected to provide support at $2,310. Conversely, if the support holds, a sell wall of $72.79 million will likely act as resistance at $2,370. Traders are advised to monitor these levels closely as they could signal significant price movements.