As Ethereum approaches the price range that Tom Lee considers to be the optimal buying opportunity, there is a noticeable increase in selling pressure within the market. This situation leads to speculation that the price level of $2,500 could serve as a crucial turning point for the cryptocurrency, creating conditions that may influence future market movements and investor sentiment. Here’s an in-depth look at the factors contributing to this scenario and why many analysts believe that reaching this specific price point might signify a shift in momentum for Ethereum.
source: https://blocknews.com/ethereum-nears-tom-lees-ideal-buy-zone-as-selling-pressure-builds-here-is-why-2500-could-be-the-turning-point/