Ethereum price movement has once again shown a significant pullback demand, as previously analyzed, there is strong resistance around 2650. From the current movement, this prediction has already been validated. Even if the market may create new highs subsequently, it will not change the basic trend that requires a price adjustment.

From a technical perspective, the lowest point of the pullback is likely to need to break through the key level of 2323. Currently, the price has already surpassed the previously mentioned green and yellow double support levels, and the market will next test new support positions. As for the specific price level that can be adjusted to, further observation of the market reaction is needed before making a judgment.