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Ethereum falls to $2,250 amid highest trader profit-taking in 3 weeks

Technical Signals
16 May 2026
NewsBTC
View Source
Bearish
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Ethereum's price dropped to $2,250 as traders engaged in profit-taking at levels not seen in three weeks. This pullback suggests some investors are locking in gains after recent price increases. The decline could signal short-term caution in the market, but it may also present buying opportunities if prices stabilize.

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