Today, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

This week, the broad crypto market entered a correction. ETH was no different, closing the week 9% lower. The price may also test the support at $2,400 soon if sellers continue to maintain the pressure.

This correction comes after Ethereum tested the resistance at $2,800 and failed to break above it. This highlights that the bullish momentum is losing its strength, which could provide bears with an opportunity to take over, even if for a short period.

Looking ahead, Ethereum may continue to correct in the near term, but on a macro scale the price action remains bullish with clear higher highs and lows. The only unknown…